Punjab HEC chairman stresses on producing quality manpower

Says benefit from CPEC needs to be derived fully

LAHORE: We cannot derive benefit from the China-Pakistan Economic Corridor (CPEC) project unless we produce ample human resource in every sector in the country, said Punjab Higher Education Commission (PHEC) Chairman Prof Dr Nizamuddin.

Addressing the first Conference on Banking, Insurance and Business Management, organised by the Punjab University Hailey College of Banking and Finance on Wednesday, he added that Punjab alone is faced with a shortage of 4,000 PhD teachers.

He said that CPEC was a political-economic enterprise for Pakistan but universities were not working on it, adding that, “we must focus on increasing our exports as globalisation is a challenge and we must prepare ourselves for meeting the emerging demands”.

Punjab University Vice Chancellor Dr Mujahid Kamran said the government must focus on education and preparing trained manpower. He said that terrorism was a big challenge for CPEC project and international forces could use the tool to destabilise this region.

Lahore Chamber of Commerce and Industry (LCCI) President Abdul Basit said that law and order, lack of good governance, political instability, terrorism, lack of planning and lack of implementation of policies were the major challenges being faced by the economy of the country.

He said that the trade volume of CPEC would reach $2.5 trillion in the next decade, adding that the government must provide security to foreign investors.

Published in The Express Tribune, December 15^th, 2016.

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