Capacity building essential to meet skill gap: Study report
As the demand for the labour force is projected to increase from existing 63.5 million to 88.7 million in 2025, Bangladesh’s 10 leading sectors alone need 5.43 million trained labours in 2020 and 7.21 million in 2025, according to a study report.
The study report, styled "Labour Market and Skill Gap in Bangladesh" was released by Bangladesh Institute of Development Studies (BIDS) on Sunday.
BIDS prepared the report to review and assess the current status and emerging needs of the Bangladesh economy in terms workforce especially in priority sectors and to project future skill needs in order for the country to achieve higher growth in these sectors.
Senior Secretary of the Finance Division Hedayetullah Al Mamoon delivered welcome speech while Director General of BIDS KAS Murshid made a power point presentation on the report.