Vocational training Public Private Development Partnerships (PPDPs) provide wider social and economic benefits from general economic growth to job creation and poverty reduction. They assist local, regional and national economic development by removing bottlenecks in the area of basic mechanics skills, directly through training provided by the school, and indirectly, by providing an example of useful approaches to PPDPs in the vocational training sector. For the partner businesses, projects can build good-will as well as providing an increased supply of potential employees with adequate training. Each stakeholder in the partnership benefits:
National Vocational Training Institution
- Modernize training and curriculum that is in-line with industry requirements.
- Reduce capital cost of asset acquisition (i.e. modern equipment and training aids).
- Technical assistance to strengthen institution (i.e. training, management, governance).
- Initiate change / perception of TVET in the economy (i.e. favorable employment path).
- Increase employability value of students graduating from the institution.
- Reduce training costs for companies as graduates will be well-prepared for entry to the market.
- Strengthen objectives outlined in the national TVET policy.
- Engage strategic issues related to youth development.
- Platform to develop policies that will promote economic development and job creation.
Private Partner Company
- Employ graduates with a strong foundation for entry into the workplace.
- Benefit from potential internship / apprenticeship cycles to contribute to daily operations.
- Ensure curriculum, equipment and training is in-line with present / future work requirements.
- Contribute to possible corporate and social responsibility commitments.
- Improve company performance and improve customer service by employing quality staff.
- Introduce culture of safe and fair employment and workforce practices.
- Reduce internal company training costs by taking on employees with a strong foundation.
- Reduce turn-over and recruitment cycles by hiring qualified employees.
- Participate in state efforts to support youth development by participating in internship / apprenticeship programs.
- Reduce safety and hazard incidents by taking on students that are safety minded due to educational training.