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NPO, Mishal join hands for improving Pakistan's global competitiveness.

ISLAMABAD -- The National Productivity Organization (NPO) has signed an MOU with the Mishal Pakistan, to help improve country's economic competitiveness in the world.

The Mishal, a country partner institute of the Center for Global Competitiveness and Performance at the World Economic Forum, is working closely with key institutions in Pakistan on identifying the gaps and opportunities on improving competitiveness issues for long term economic growth, said a statement on Wednesday. According to the memorandum of understanding (MoU), the Mishal and the NPO will work together to develop initiatives for improving Pakistan's ranking on the Global Competitiveness Index of the World Economic Forum.

It was also agreed that the NPO would assist the Mishal to conduct the annual Executive Opinion Survey of the World Economic Forum to measure Pakistan's ranking on World Economic Forum's various indicators on competitiveness.

Both the organizations have also agreed to jointly execute activities to develop initiatives for measuring Pakistan's competitiveness and improving its ranking; whereas, to create a hybrid pool of resources for knowledge sharing. Speaking on the occasion, Khawaja Muhammad Yousuf, Chief Executive Officer of NPO, highlighted that "Pakistan ranks 124 among a total of 144 countries and there is a need to synergize country's resources, both technically and physically to uplift our industry with special focus towards competitiveness and productivity". He hoped that the NPO and the Mishal together would play a unique role through various special initiatives, including research on productivity to improve Pakistan's ranking. He said that, "the NPO will assist the Mishal Pakistan in developing the annual Pakistan's State of Competitiveness Report".

Speaking on the occasion, chief executive officer of Mishal and Young Global Leader of the World Economic Forum, Amir Jahangir said that Pakistan was facing competition, both in the region and globally as the nations around the world were improving their productivity and competitiveness systematically. Pakistan needed to focus its initiatives to improve its own competitiveness. The Mishal and the NPO will also work together to develop institutional capacity of various government institutions and departments to understand the challenges faced by Pakistan on the competitiveness front. For this, the Mishal will provide technical assistance to the NPO in establishing a separate department within the NPO that will specialize in addressing the issues of competitiveness.

To improve competitiveness, both the parties have also agreed that Mishal will be working closely with the management of the National Productivity Organization to reach out to other stakeholders to mobilize resources, including knowledge partnerships, donor assistance and institutional collaborations. Established in 1961, the NPO is the partner of the Asian Productivity Organization (APO) and the World Confederation of Productivity Science (WCPS) & the World Network of Productivity Organizations (WNPO).

The NPO is striving hard to reach out to the economic sectors with the help of its regional offices and nationwide initiatives, which include training, consulting, productivity audits and benchmarking exercises, energy efficiency, Prime Minister Quality Awards, Transfer of best practices, quality certifications and standardization, mass awareness and outreach Programmes on improving productivity.

The Mishal Pakistan is the country partner Institute of the Center for Global Competitiveness and Performance at the World Economic Forum.

The World Economic Forum is an independent international organization committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry. Established in 2003, as a limited by liability company under companies ordinance 1984, the Mishal has been engaged with some of the most dynamic organizations, including media enterprises and global development agencies helping them develop their communication strategies and solutions for better understanding and creating synergies with their concerned stakeholders.
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Publication:Balochistan Times (Baluchistan Province, Pakistan)
Date:Jan 3, 2013
Words:596
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