PepsiCo Pakistan, Amal Academy and the Punjab Higher Education Commission (PHEC) signed a Memorandum of Understanding (MoU) in the presence of Mr. Furqan Ahmed Syed, CEO, PepsiCo Pakistan and Afghanistan and Prof. Dr. Fazal Ahmed Khalid, Chairman PHEC. The purpose of the MoU is to support PepsiCo and Amal Academy’s collaboration efforts on youth development.
Pakistan’s growing youth means a rising workforce that needs employment opportunities. Between 2005 and 2014, the unemployment rate for those with university degrees has grown from 5% to an alarming 26%*. University graduates in Pakistan have immense potential, but often haven’t had the chance to develop the skills that are critical to realizing that potential. Additionally, students are not always familiar with the career opportunities that are available to them. As a result, they often struggle to transition from their academic life into meaningful jobs and careers.
Earlier this year PepsiCo Pakistan partnered with Amal Academy to run professional skills development program, targeted specifically at young people.