The government on Tuesday cleared a project of Tk 43 billion aimed at creating a market demand-based workforce through technical training to support the country’s economic transformation.
The ‘Accelerating and Strengthening Skills for Economic Transformation (ASSET)’ project has been designed to train up youth, women and disadvantaged people on technical education to make them ready for jobs in line with the labour market demand.
The Department of Technical Education under the Technical and Madrasah Education Division will implement the project by December 2026.
In total, the meeting approved eight projects involving Tk 75.90 billion, including Tk 50 billion from the state coffer and Tk 25.80 billion as overseas project assistance, the Planning Minister informed at a press.
Mannan said there is a lack of skills among the workforce in the country and to overcome that the government had implemented various projects. The ASSET project comes in line with the 8th five-year plan that has prioritised new technology adoption and skill development. It will also help achieve SDGs by addressing issues of demand-based skills scaling up and gender equality.
State Minister for Planning Dr Shamsul Alam said Prime Minister Sheikh Hasina has termed this project as very time befitting to properly utilize the demographic dividend of the country.
The ASSET project will equip more than one million youth and workers with the skills needed for the jobs of the future.
The main project operations include construction of non-residential building, 15 acres of land acquisition, imparting necessary training, holding seminars, conferences, procuring ICT and computer equipments, providing support to technical and stipend education.
Planning Commission officials said the project will help modernize and build the resilience of the technical vocational education and training sector in Bangladesh.
The project will benefit the informal sector workers through expanding the Recognition of Prior Learning (RPL) programme, according to the planning commission.
The Ecnec meeting also gave the nod to a Tk 11.42 billion scheme to construct some 3,040 residential flats for the cleaning workers of 66 Pourasabhas of the country.
Dr Shamsul Alam said Prime Minister Sheikh Hasina had earlier directed to ensure accommodation facilities for the cleaning workers.
Answering a question, Planning Commission member Mamun-Al-Rashid said the government is committed to ensuring civic facilities for the cleaning workers.
After holding an elaborate discussion on whether rent will be collected from the cleaners, the Premier directed for collecting minimum wages from them, according to Mamun.
She once again stressed treating industrial and household waste to keep rivers clean.
She also suggested installing goods scanner and body scanner machines at the Hilly, Burimari and Banglabandha LC stations.
Besides keeping city rivers clean, Sheikh Hasina also suggested building a circular alleviated walkway around the capital in future, Dr Shamsul Alam informed.
The other projects approved projects include Construction of physical infrastructures at Hily, Burimari and Banglabandha LC Stations of Tk 806 million, Erection of pillars along the bank of Buriganga, Turag, Shitalakhya and Balu Rivers, protection of embankments and construction of walkway, jetty and ancillary infrastructures, second phase (first revised) with an additional cost of Tk 3.33 billion, Construction of Bangabandhu Sheikh Mujibur Rahman Novo Theatre, Rangpur with Tk 4.18 billion.
Also, strengthening the capacity of the regional lentil research centre in Madaripur and boosting production of lentil production at greater Barishal and Faridpur regions of Tk 1.68 billion, Development of reclaimed land from the River Jamuna in Sirajganj and thus protecting proposed economic zone (first revised) with an additional cost of Tk 1.28 billion and Rehabilitation of Polder No 15 of Satkhira district of Tk 10.20 billion project also got approval at the meeting.