Capacity development project boosts business management
Capacity development project boosts business management
A capacity development project for businesspeople has helped to strengthen the stability of the economic sector in Laos in readiness for the Asean Economic Community (AEC).
The National University of Laos (NUOL) and the Laos-Japan Human Resource Development Institute (LJI) have been running a technical cooperation project from 2010-14. This is one of several projects conducted jointly by the two bodies to develop the skills of Lao business operators.
The project's sixth joint coordination committee meeting was held on Tuesday at NUOL.
The meeting was chaired by NUOL Vice President, Assoc. Prof. Dr Saykhong Saynasine,and Chief Representative of the Japan International Cooperation Agency (JICA) Lao Office, Mr Koichi Takei.
The meeting reported on project achievements from October 2013 to August this year, as well as discussing the work plan for 2014-15.
LJI is continuing its cooperation with JICA's project on administration and curriculum development within the institute, which incorporates learning-teaching curriculum development and provides consultation on business administration for companies and government organisations.
The institute will also continue its cooperation with NUOL in planning a teachers' skills development strategy, learning Japanese and training students to study in Japan.
This project aims to strengthen the role of LJI as the centre for developing highly-qualified businesspeople through its MBA programme and other practical business courses.
The project also aims to form a network between graduates of the MBA and other business courses, as well as members of industrial associations, so they can share their insights on business and how to better handle challenges related to the Asean community.
The network will also serve as a base to make policy proposals for sustainable vitalisation of the private sector.
The institute seeks to establish itself as an centre of excellence for developing human resources in business management and strengthening socio-economic development in Laos ahead of becoming part of the AEC.
With the AEC set to come into force next year, the enhancement of Laos' international competitiveness is an urgent challenge for sustainable economic development of the nation and to achieve this, vitalisation is needed.
The objectives of the institute are to provide education in business management, computer skills and the Japanese language.
It is hoped these skills will contribute to the transition of the Lao economy to a market-oriented one, with other objectives being to promote mutual understanding and friendly relationships between the Lao and Japanese peoples.
vientiane times
