Japanese investment for skills development program in attaining sustainable employability: The case of Bangladesh

Abstract

Bangladesh lacks many trained workers. The existing technical training curriculums are not advanced enough to achieve the Sustainable Development Goals (SDGs) target for human capital development. Therefore, it is a time demand to address the need for skilled human resources. Japan prioritizes Bangladesh's skills development sector to assist the nation in achieving SDGs and importing skilled labor forces into Japan's already declined labor market. This research focuses on the prospects and challenges of Japanese investments in skills development projects in Bangladesh. To this end, this research adopts a need-based approach to prepare a uniform framework for skills development in Bangladesh and finds several challenges in the process of skills development programs that influence the development partners. This study employs a mixed-method research approach. This study finds that the trainees consider the skills development programs significant for their future careers and sustainable employability, although they face various challenges, such as a lack of qualified instructors and training programs and lack of training equipment apart from their lower socio-economic backgrounds. This study especially highlights the significance of Japanese investment in skills development programs in Bangladesh to meet human capital development requirements and develop a framework for sustainable accomplishment of those programs to achieve the SDGs. Finally, this research makes some policy recommendations for relevant stakeholders, including development partners engaged in skills development programs in Bangladesh.