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China to provide $4 million for vocational training institutes

ISLAMABAD: China will provide training equipment for the vocational training institutes and schools around Pakistan through National Vocational and Technical Training Commission worth $4 million (approx. Rs650 million).

The signing ceremony for Letter of Exchange for the provision of ‘Vocational School Equipment and Material’ was held at the Ministry of Economic Affairs.

Chinese Ambassador to Pakistan Yao Jing and Minister Counsellor at Embassy of China in Pakistan Dr Wang Zhihua attended the ceremony. Federal Secretary of Economic Affairs Division Noor Ahmed signed the LOE.

The Chinese ambassador reassured cooperation for socio-economic development in Pakistan. He said a number of projects under social welfare of the poor and vulnerable people are already under progress like cooperation in PM’s low-cost housing scheme and boosting rural economy through agricultural support.

China has also supported Pakistan to mitigate the impact of COVID-19 pandemic, pesticide and equipment has been provided to control the locust spread in the southern parts of the country.

The ambassador also appreciated the continuity of CPEC projects particularly establishment of export-based industry in Special Economic Zones despite challenging conditions globally due to pandemic.

Secretary Economic Affairs reiterated strong commitment towards further strengthening and expanding of bilateral economic cooperation between China and Pakistan.

Both sides agreed that all the ongoing initiatives will be pursued very closely to achieve the targeted completion so that people of Pakistan can benefit from the Chinese assistance in a more productive manner.

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