ADB del­e­ga­tion vis­its TUSDEC

The Pak Banker - - NATIONAL - Staff Re­porter

A del­e­ga­tion from ADB (Asian Devel­op­ment Bank) vis­ited TUSDEC (Tech­nol­ogy Upgra­da­tion and Skill Devel­op­ment Com­pany) at its head of­fice in La­hore.

The visit has been made in ob­jec­tive to re­view TUSDEC in­ter­ven­tions un­der ADB Com­mon Fa­cil­ity Cen­tres, SME Sec­tor Devel­op­ment Pro­gram, says a spokesper­son here on Tues­day. TUSDEC has setup CDTC (Ce­ram­ics Devel­op­ment and Train­ing Com­plex) in At­tawa Gu­jran­wala un­der the five years SME Sec­tor Devel­op­ment Pro­gram for which Government of Pak­istan has been en­dowed with a loan of 12 mil­lion USD from ADB.

TUSDEC is set­ting up three more com­mon fa­cil­ity cen­tres to sup­port the Light En­gi­neer­ing In­dus­trial Sec­tors preva­lent in Pe­shawar, Las­bela and Hy­der­abad. The guests con­ju­ga­tion was com­prised of Mr. Joao Far­inha Fer­nan­des, Fi­nan­cial Sec­tor Spe­cial­ist, Mr. Omer Bin Zia, Project Of­fi­cer and Mr. Harry Abrillo, In­ter­na­tional TVET Pol­icy Safety Net Spe­cial­ist from ADB So­cial Pro­tec­tion Devel­op­ment Project Re­con­nais­sance Mis­sion.

The guests were ed­i­fied about the on­go­ing op­er­a­tions of CDTC aligned to its primi- tive ob­jec­tives. Se­nior of­fi­cials from TUSDEC also ap­prised the so­journ­ing team about im­ple­men­ta­tion phases of three Light En­gi­neer­ing Sup­port Cen­tres un­der its way. A brief pre­sen­ta­tion on TUSDEC role in the down­right im­ple­men­ta­tion of BISP (Be­nazir In­come Sup­port Pro­gram) was also im­parted for the guests.

TUSDEC CEO Mr. Ba­sit Maq­sood Ab­basi briefed about the com­pany's salient ef­forts for the TVET(Tech­ni­cal Vocational Ed­u­ca­tion and Train­ing) Sec­tor re­form in KP, FATA, AJK and Sindh in col­la­tion with in­ter­na­tional donors and lo­cal NGOs.

ADB team ex­tolled TUSDEC con­sid­er­able pur­suits of TVET sys­tem restora­tion in Pak­istan for sus­tain­able ca­pac­ity build­ing of marginal­ized com­mu­ni­ties. They com­mended the sub­stan­tial task and toil of TUSDEC in the ar­eas of so­phis­ti­cated tech­nol­ogy trans­fer and skill devel­op­ment for the eco­nomic progress of the coun­try along­side the com­pany's full-scale outreach and link­ages net­work.

Mr. Joao Far­inha Fer­nan­des ap­prized TUSDEC for­mi­da­ble pur­suance in im­ple­men­ta­tion of CFC SME Sec­tor Devel­op­ment Pro­gram as an ac­tive li­ai­son be­tween Government of Pak­istan and ADB. His team high­lighted the prospects and need of fur­ther col­lab­o­ra­tions with TUSDEC to ef­fi­ca­ciously carry out other devel­op­ment in­ter­ven­tions in Pak­istan.

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