The Technical Education and Skills Development Authority (TESDA) will co-host with Papua New Guinea the Asia Pacific Economic Cooperation (APEC) High Level Policy Dialogue on Human Capacity Building in Port Moresby on May 6-7, an APEC announcement said.
It said Papua New Guinea Prime Minister Peter O’Neill would grace the opening session and deliver the keynote address.
The conference, with the theme “Investing in Human Capital, Building Inclusive Economies,” aims to sustain a prosperous and cohesive Asia-Pacific region that puts premium on human capital formation for inclusive development.
APEC recognized that having a skilled workforce is key to competitiveness. For people to contribute to inclusive and sustained growth there is a need to align the education, including technical-vocational training, to the skills requirements of the industry.
Equally important is developing strategic approaches to enhance the productivity of small, medium, and enterprises (SMEs) and to link them to the global value chain. The dialogue will tackle a number of issues in three plenary sessions where distinguished speakers will usher the discussions.
APEC economies have been pushing for increased investments on human resource as they recognized that people played key roles in inclusive economic growth.
Human resources play a vital role on job generation, improved employment opportunities, and greater economic growth. People imbued with the necessary competencies are empowered to seize employment and entrepreneurial opportunities.
Human capital development will be promoted in discussions on education, innovation, and capacity building, the APEC statement said.
It said the results would translate into a Joint Statement that would chart out the future of human capital across the region as drivers of growth among APEC economies.
The 21 APEC economies include Australia; Brunei Darussalam; Canada; Chile; China; Hong Kong, China; Indonesia; Japan; Malaysia; Mexico; New Zealand; Papua New Guinea; Peru; Philippines; Russia; Singapore; Republic of Korea; Chinese Taipei; Thailand; United States; and Viet Nam.
Key industry players such as academicians, international organizations and government officials will exchange ideas and share best practices in developing the 21st century-ready workforce, aligning education to industry needs, and enhancing productivity of SMEs, APEC said. Voltaire Palaña