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The need for trained people in every sector is a crucial factor to foster development in any country, said Chairman of the Board of Directors of the Institute of Private Enterprise Development (IPED) Dr Yesu Persaud yesterday.  He was at the time addressing a forum in the Savannah Suite at the Pegasus Hotel, which was designed to launch the FINPYME ExportPLUS Programme through IPED’s collaboration with the Inter-American Investment Corporation (IIC).The IIC is a multilateral financial institution that is a member of the Inter-American Bank Group.  And it is the IIC’s mission to promote the economic development of its regional member countries by encouraging the establishment, expansion and modernisation of private enterprises, particularly those that are small and medium in size. It was against this background that the partnership venture was crystallised with a view of helping small and medium sized enterprises (SMEs) in Guyana to become more competitive abroad.But this move can only be a reality, Dr. Persaud opined, if persons are suitably educated.  “Education, Education, Education… We must have trained people in every sector, technologists, technicians, engineers of all sorts; people who are capable of not only producing but craving the production of products.”It was such machinations that have served to propel South Korea into the realm of being one of the giants of South East Asia, Dr. Persaud explained.  Malaysia,Wholesale Jerseys Chinese, he said, is following in the same direction and has seen immense transformation in this regard.And according to him, Guyana could benefit in similar fashion with the ExportPLUS programme.  “We have lots of raw materials but our raw materials are going abegging. We have to convert those raw materials into finish products of the highest quality…”As part of the partnership effort, Dr. Persaud assured that IPED is poised to be an ideal player,Cheap Baseball Jerseys, which has several institutional arms that could render assistance when required. IPED has been in existence for some 25 years and is recognised as the leading institution in providing financial and non-financial services to the neediest sector of the economy, that is, the underprivileged, micro and small entrepreneurs. IPED has over the years provided timely access for appropriate periods, at reasonable interest rates,Cheap Jerseys From China, which provides clients with good rates of return on investment, it was revealed yesterday.In fact,Cheap NFL Jerseys China, IPED is viewed as ideal for small and medium scale business persons anywhere in Guyana who do not have access to the commercial banks and have been in business for at least six months.As such, Dr. Persaud predicted that the partnership move “is going to be a success story. But it is not going to happen unless you make it happen,cheap nfl jerseys elite, or unless you are dedicated to what you want to do. Success does not come without effort…”According to IIC Trust Fund Officer, Mr Hun Tae Lee,Cheap NFL Jerseys, it was in 2005 that Korea joined the IDB Group as a new member country to facilitate an even stronger and more cooperative relationship between Korea and Latin America and the Caribbean.And as a strong sign of Korea’s commitment to the economic and the social development of the region, Korea sought to establish three crucial Trust Funds – the Partnership Fund for Technology and Innovation, the Poverty Reduction Fund and the Small and Medium size Enterprise Development Fund.Mr Hun disclosed that a total of US$140M has been committed towards the trust funds, of which Korea has contributed a total of US$40M.“This shows how seriously Korea considers Latin America and the Caribbean countries as our partners….” he stressed.The SME development Trust Fund “was established for you” he told the gathering which comprised of many owners of small and medium-sized businesses who represented the majority of the members of the audience yesterday.“You can apply for this fund in order to improve and enhance any kind of capacity building for your company….”  And so far the fund has supported 52 projects amounting to about US$8M for SMEs in Latin America and the Caribbean countries,NFL Jerseys From China, Mr Hun noted.