Addressing a function in Islamabad on Wednesday, he said his ministry has already established linkages with the chambers of commerce and industry for the purpose.
Shafqat Mahmood said that Annual Development Plan is being worked out to ensure imparting of training to more and more people in different skills.
He said training institutes throughout the country will be converted into centers of excellence to boost their performance.
In this connection, he said five centers of excellence will be set up in all the provinces.
Shafqat Mahmood said a National Skill University is also being set up and its charter has already been worked out.
Besides, he said a Centre of Hospitality is being established with the cooperation of Turkey to promote tourism sector.
Shafqat Mahmood said the federal government is working in consonance with the provincial governments to upgrade education according to market needs.
Speaking on the occasion, Special Assistant to the Prime Minister on Youth Affairs Usman Dar said the government is engaging the youth bulge in term of education, employment and social engagement for ensuring their vital contribution towards the development of the country.
He said we have to revamp our Technical and Vocational Education and Training sector in order to provide the matching job skills with the job market to our young generation.