Rediscover the Possibilities of Vocational and Professional Education and Training in Hong Kong
VPET is key to maintaining the city’s competitiveness
- Over 900,000 graduates have been trained by VPET, accounting for nearly 24 per cent of Hong Kong’s workforce since the 1980s.
- VPET has made significant contributions to Hong Kong’s eight core industrial sectors which have accounted for over 70 per cent of Hong Kong’s GDP in 2019. Youth employability has been enhanced over the last 20 years with unemployment rates remaining low at 6 per cent for youth aged 20 to 29; and dropping from 31 per cent in 2002 to 10 per cent in 2019 for those aged 15 to 19.
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A recent study published by PwC has shown that Vocational and Professional Education and Training (VPET) has made significant contributions to Hong Kong’s economy and society.
“VPET deserves strong recognition in Hong Kong,” said Mr. Simon Booker, Partner of Advisory Services at PwC Hong Kong. “VPET graduates play an invaluable role in performing essential and professional roles to meet the daily needs of society.”
Titled “Vocational and Professional Education and Training – Shaping the Future of Work”, the study covers all 50 local VPET statutory bodies and institutions, giving an overview of VPET developments in Hong Kong and setting out the way forward for VPET.
“The study references successful models from other parts of the world to provide future directions to strengthen the VPET system in Hong Kong and build a competitive workforce for the new digital era,” Booker added.
