LAHORE - Determined to effectuate its efforts to promote need-based vocational skills development, Punjab Skills Development Fund (PSDF) launched third round of one of its largest training schemes, Skills for Job 2014-15 today in a ceremony here. The launching ceremony was organized at a local hotel in Lahore, where contracts of PkR 1.7 Billion were awarded to 44 training service providers. PSDF has engaged a multitude of training institutes from public and private sector to deliver quality vocational trainings 118 multiple trades. Under the scheme, Skills for Job 2014-15, more than 24000 individuals will be trained from the 7 districts of Punjab - Lahore, Sheikhupura, Faisalabad, Chiniot, Sargodha, Gujranwala, and Narowal.

While addressing the ceremony, CEO PSDF Mr. Ali Sarfraz said that PSDF has trained more than 55,000 individuals from the 14 districts of Punjab. The current scheme would further contribute in developing employable workforce for the country which would make a great asset for the labor abundant Pakistan. He further said that the Fund follows a competitive model for the award of contracts which ensures transparency and helps enhancing the quality of training services. He said that due to the informal vocational and technical trainings system prevalent across the country, our manpower remains unable to command better wages in the local as well as international job markets which hinders the prospective economic.