PSX:HUBC STOCK INFORMATION
Date
Nov , 24 2017
Closing Rate 101.82
Volume
454,200

Livelihood Interventions

The Company always focuses on generating employment for the local population and subsequently encourages its contractors to hire local people according to their ability and skills. The Company has been successfully running various programs for the economic well-being of the local communities.

The Company has initiated a program for the training and development of the local fisherman of neighboring villages. The scheme is being supervised by M/s. CARD (a local NGO of District Lasbela) under which fisherman are also provided with fishing boxes to preserve their catch and meet the seafood quality standards.

Laraib Energy is also engaged in imparting vocational training and has also conducted a six-month electrician certificate course approved from TEVTA at Mirpur Institute of Technology. Around 10 local unemployed youth were sponsored in the training.