SKBBL has recently signed an agreement with UK-Aid to Implement SEP project. This project will be implemented during 2021-2022.
A strong skills system can contribute to structural economic transformation and growth—by enhancing employability of workers, improving labor and firm productivity for enterprises and helping nations capitalize on their human capital. An estimated 54% of South Asian youth will leave school—sans relevant skills—to enter into the job market in the next decade, according to a study conducted by Global Business Coalition for Education, the Education Commission, and UNICEF. The same study also suggests that South Asia lags behind several other regions in preparing the next generation with the skill sets they will need to correspond to the evolving 21st-century job roles. The data shows South Asia has the largest youth labor force in the world with nearly 100,000 young people entering the labor market on a daily basis.