31/10/1994
Labor force is the basic pillar of the Egyptian national economy. Undoubtedly, organizing human resources, employing them in a sound manner and enhancing their capabilities and skills, has a great effect on maximizing the utilization of the country’s national wealth and raising the living standards of people. ( Available in Arabic )
The growing size of Egyptian human capital can be national wealth that can provide great opportunities for development and growth of the business sector and maximize its investments and exports. It can also minimize unemployment rates remarkably through enhancing and qualifying human capital and its capabilities and skills with certain mechanisms to make tangible achievements in the middle and short runs. It can also help establish the foundations, bases and systems of the future that suit the developments of this era as well as the requirements and models of production and systems of administration and transactions. Strenuous efforts have recently been exerted in Egypt to develop the capabilities and skills of human capital. However these efforts fell short of keeping pace with the rapidly changing developments and have not yet achieved results compatible with these developments.