Gwadar – Eleven new projects in Gwadar city to be initiated soon would produce 76000 direct jobs.
The 11 new project include development of free zone, new Gwadar International Airport, Gwadar East-Bay Expressway, dredging of berthing areas and channels, construction of breakwater, Pakistan-China friendship hospital, technical and vocational institute, Gwadar smart port city master plan, Bao steel park, petrochemicals, stainless steel and other industries in the city, development of Gwadar University, and upgradation and development of fishing, boat making and maintenance services to protect and promote livelihoods of local population.
The 16 energy projects would also produce 5,0828 jobs while nine Special Economic Zones (SEZs) to be constructed in various parts of the country would produce 1,021,396 direct jobs in the country.
The study said that among the total direct jobs to be generated, a huge chunk of share would go to Pakistani individuals, however it suggested that Pakistani individuals would need more technical training to fulfil their job requirements.
“The crux of the matter for any economy is the mismatch of skills. In which, the work force exists, the positions in the job market are vacant, but, the unemployment rate remains unaffected,” the study said adding “the expertise acquired by the workers are not consistent with the job market.
As a result, there exists a gap between the practitioners and the academics, while the students of today cannot take firm decisions for their career path.