PRESS RELEASE BY THE MINISTRY FOR THE ECONOMY, INVESTMENT AND SMALL BUSINESSES AND THE MINISTRY FOR EDUCATION AND EMPLOYMENT

131 new students in course designed for printing industry: MCAST and Crane Currency sign MoU for increased collaboration

Today’s signed agreement between the Malta College of Arts, Science and Technology (MCAST) and Crane Currency cements the two’s further collaboration to train and equip students, apprentices, and employees in meeting and exceeding the current and future demands of the security printing industry.

This new course incorporated a substantial amount of practical experience within industry, which has so far 131 students registered, 78 of which are following the day course, while 53 are following the course on an evening basis. This course was launched in January 2017.

MCAST and Crane Currency will be collaborating to support Crane Currency in its drive to train and up-skill its workforce to be able to meet and exceed the current and future demands of the security printing industry, to develop training packages that are relevant to Crane Currency to help address its internal training needs, and to offer opportunities for the uptake of MCAST apprentices at Crane Currency.

The MoU was signed by Dr Silvio De Bono President of the Board of Governors, Malta College of Arts, Science and Technology and by Vice-President of Human Resources, Crane Currency Mr Scott Smith, in the presence of the Minister for the Economy, Investment and Small Businesses Chris Cardona.

Minister Cardona, during the ceremony, noted the economic transformation the nation is experiencing, and the positive outlook as also predicted by Fitch Rating’s just last week, which has given rise to new sectors and demands on our workforce. Maintaining productivity and employability in the face of such changes is essential to ensure continued economic growth.

Minister Cardona encouraged the direct participation of employers and workers together, with the government and its agencies which can help the relevance of training and our workforce’s productivity.

Sustainable and balanced economic growth require the addressing of strategic issues as well as practical arrangements. Events like today guarantee that successful skills policies are constructed and build competencies for the future needs of our economy, said the Minister for the Economy, Investment and Small Businesses.

Source: Government of Malta