April 30, 2018
The Technical Education and Skills Development Authority (TESDA) plays a vital role in producing a "skilled labor force" which paved the way for the Philippines to rank No. 1 on the list of “Best Country to Invest In” for 2018 by the US News & World Report.
TESDA Director General, Sec. Guiling “Gene” A. Mamondiong, made the statement following the results of the “Best Countries” survey done by US News & World Report, on which the “Best Country to Invest In” report was based.
The US News & World Report’s 2018 “Best Countries to Invest In” list cited the Philippines for various reasons, based on eight "equally-weighted attributes" including: ‘Corrupt’, ‘Dynamic’, ‘Economically stable’, ‘Entrepreneurial’, ‘Favorable tax environment’, ‘Innovative’, ‘Skilled labor force’, and, ‘Technical expertise’.
Among 80 other countries, the Philippines was ranked No. 1 followed by Indonesia, Poland, Malaysia and Singapore in the top 5.
Apart from the US News & World Report survey, a separate report from the United Nations Conference on Trade and Development (UNCTAD) supported the Philippines’ ranking. The UNCTAD Report mentioned the increasing number of foreign direct investments (FDIs) in 2017, especially those coming from China, as among the reasons why the Philippines is progressive despite the decreasing FDIs in other Southeast Asia countries.
In both reports, the Philippines’ highly-skilled labor force was cited as one of the main reasons for the country’s desirability to foreign investors.
Mamondiong said the reports are an inspiration and an honor for the agency because these reflect the government's and the country’s efforts to prepare the Filipino workforce and giving them the necessary in-demand skills for employment here and abroad.
TESDA, as the agency that manages the technical and vocational education and training (TVET) system in the country, has continually guaranteed the excellence of trained workers by improving access to training, establishing and nurturing closer partnership with industry, and strengthening the delivery of quality training.
Under TVET, students can choose to learn from four training modalities: school-, center-, community-, and enterprise-based training programs.
Mamondiong also said that the Dual Training System (DTS) of TESDA, an example of enterprise-based training, is still the most effective platform for technical education in the country. The platform relies on the successful cooperation and coordination among Technical Vocational Institutions (TVIs), TESDA Technology Institutions (TTIs) and companies so that the trainees are taught to have the right attitudes, knowledge and employable set of skills.
The TESDA Language Skills Institute (LSI) also helps in the language training program for caregivers, nurses, domestic workers and overseas Filipino workers who seek jobs abroad.
Among the languages being taught at TESDA are Japanese, Korean, Mandarin/Chinese, Spanish, Arabic and English. TESDA also plans to expand its language program by teaching German, Russian and French.
© 2019 - Developed by: TESDA Planning Office - Labor Market Information Division