US$20m project launched to ‘enhance youth employability’
The project aims to foster entrepreneurship and provide vocational training.
29 Aug 2019, 9:00 AM
The Maldives government on Wednesday launched a US$20 million project financed by the World Bank to foster youth entrepreneurship and provide technical and vocational skills.
The ‘Enhancing Employability and Resilience of Youth’ project is co-implemented by the higher education ministry and economic development ministry with the participation of local councils and women’s committees.
Speaking at the launching ceremony, Higher Education Minister Dr Ibrahim Hassan expressed concern with the high rate of unemployment among youth, which “lowers the standard of living, increases crime and makes the future bleak.”
As part of the project, skills development courses would be revised based on the findings of a labour market assessment to identity priority areas, he said. The project also involves setting up ‘youth hubs,’ issuing business loans and formulating ‘A 21st Century Skills Development Strategy.’
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