Punjab Skills Development Fund (PSDF) is the largest skills development fund in Pakistan. PSDF was established in 2010 as a not-for-profit company set up under the Companies Ordinance 1984 by the Government of Punjab (GoPb) in collaboration with Foreign, Commonwealth and Development Office (FCDO). PSDF also exclusively manages the skills training funding of the World Bank.
PSDF’s purpose is to shape the future and well-being of our poor and vulnerable youth by giving them access to skills training of the highest standard so they can find sustainable employment and income-generating opportunities in Pakistan and beyond.
PSDF started its operations in the 4 poorest districts of Punjab. Since 2016, The geographical remit has expanded to the entire 36 districts of Punjab. PSDF has trained 600,000+ youth across Punjab. These graduates have been trained in approximately 250+ demand-driven and market relevant trades across 10+ sectors.
PSDF has played a leadership role in creating a skills training market with 90% training partners in the private sector. With 400 training partners that deliver training on behalf of PSDF, out of which over 150 are businesses across the 10 sectors. PSDF has adopted an output-based funding mechanism where it funds contract-to-completion outputs as well as completion-to-income generation outcomes.
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Frequently asked questions
When was Punjab Skills Development Fund (PSDF) founded?
Punjab Skills Development Fund (PSDF) was founded in 2011.
What industry is Punjab Skills Development Fund (PSDF) in?
Punjab Skills Development Fund (PSDF) operates in Non-profit Organizations. Find similar Non-profit Organizations investors on gritt.io.
Where is Punjab Skills Development Fund (PSDF) based?
Punjab Skills Development Fund (PSDF) is headquartered in Lahore, Pakistan.
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