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GATE Consultation. ‘ Funding and labour market needs ’ A Tobago Chamber perspective. The ROAD to GATE R eflecting on the Future O pportunities for Development A pplication/Implementation D eterminants of Success. Funding and Labour Market Needs. R eflecting on the Future….
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GATE Consultation ‘Funding and labour market needs’ A Tobago Chamber perspective
The ROADtoGATE Reflecting on the Future Opportunities for Development Application/Implementation Determinants of Success Funding and Labour Market Needs
Reflectingon the Future… Tobago Current economic Situation Socio-Technical Framework $180 Million in 2006 to $625 Million in 2011 Brain drain Critical thinkers needed!!!
Opportunities for Development Immediate and Medium Term Development Diversify Income Opportunities Tourism - 2% of the GDP 2004 - 56.8% of the island’s employment and over 90% of Tobago’s export
What are some of the current and projected skills gap in Tobago’s labour market?
Construction (TVET) • Engineers (Traditional) • Educational Professionals (Traditional) • Marketing (Traditional) • Auxiliary Start up staff (existing labour force) • Agricultural/Horticultural Professional (Traditional) • Film and Media • Intellectual property • Statician and Research professionals • ICT professionals Funding and Labour Market Needs Short and Medium Term
Lecturers (Traditional) • Hotels Staff (TTHTI) • Airline Staff • Mechanics (TVET) • Chefs (TTHTI) • Garment/Fashion Professionals (does not exist) • Healthcare (Traditional) • Shipping/Maritime Services • Artisan/Culture Development (Traditional) • Publishers/Literary Professionals (Traditional) Funding and Labour Market Needs Medium to Long Term
Funding and Labour Market Needs • Business and MICE tourism • Cruise tourism • Yachting and leisure boat-tourism • Adventure and ecotourism • Carnival and culture tourism • Healthcare Tourism Diversify Tobago’s Tourism Product
Application/Implementation Three-Pronged Approach (1) Education (2) Training (3) Infrastructure Development
Determinants of Success Key Performance Indexes (KPI’s) Improved Tourism GDP Socio-Technical Framework Accountability Protect Tobago’s Heritage
GATE Funding and Labour Market Needs A Tobago Perspective Thank You!