Signing Ceremony of Memorandum of Agreement Between KP-RETP and KP-TEVTA was organized in Planning and Development Department Khyber Pakhtunkhwa, today.
The Khyber Pakhtunkhwa-Rural Economic Transformation Project (KP-RETP) and the Khyber Pakhtunkhwa Technical Educational and Vocational Training Authority (KP-TEVTA) signed a Memorandum of Agreement (MoA) to foster economic growth and enhance employment opportunities in the region.
Government of Khyber Pakhtunkhwa in collaboration with the International Fund for
Agricultural Development (IFAD), aims to reduce poverty and enhance food and nutrition security for approximately 785,000 households, benefiting around 4.35 million individuals
across 36 districts. The project specifically targets households with a Poverty Score Card (PSC) score of 0-34, focusing on women and youth through economic graduation programs, market-oriented initiatives, and capacity-building activities.
The MoA aims to strengthen the institutional capacity of KP-TEVTA, enabling it to conduct
comprehensive job market assessments and design vocational training courses aligned with evolving market demands. By leveraging the expertise and resources of KP-RETP, this
collaboration will significantly contribute to the economic development and employment
landscape in Khyber Pakhtunkhwa.
Key elements of the MoA include:
• Strengthening Institutional Capacity: Enhancing KP-TEVTA’s ability to conduct
thorough job market assessments and deliver relevant vocational training courses.
• Job Market Study and Annual Outlook: Establishing a system within KP-TEVTA to
undertake job market studies and release an annual job market outlook.
• Budget Allocation: Allocating PKR 14.50 million for the implementation of this
agreement.
Speaking at the occasion, Mr. Muhammad Zaheer Uddin Baber, Project Director KP-RETP
said; “The signing of this MoA with KP-TEVTA is a critical step towards achieving our shared
vision of economic empowerment and sustainable development in Khyber Pakhtunkhwa.
This collaboration will enhance the employability of our youth and ensure they are equipped with the skills required in today’s job market.”
Mr. Haider, Director Planning KP-TEVTA on behalf of Managing Director KP-TEVTA passed remarks; “We are excited to partner with KP-RETP to strengthen our vocational training
programs. This agreement will enable us to better understand job market trends and tailor our courses to meet the demands, thereby increasing employment opportunities for the youth in our province.”
The signing ceremony was also attended by representatives from the Planning & Development Department and Industries Department, Government of Khyber Pakhtunkhwa.
