Typically, the debates on economic advancement in this ‘globalized’ economy, particularly for small states, are steered towards the robustness of monetary and fiscal policies and other related macroeconomic measures. Without doubt those are essential ingredients, but this paper seeks to draw close attention to an often taken-for-granted, but equally fundamental driver of economic progress.

The relationship of TVET institutions with industries is of paramount importance since the primary business of these institutions is to interpret the market demand signals and prepare human resources to satisfy the manpower needs of industries. Sustainable relationships between TVET institutions and industries are established for reasons which benefit both entities.