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Skills Development Project

World Bank has injected about US$46 million to be used for Skills Development Project, which will help the country to equip young people with the skills needed for jobs in high-priority sectors in the country’s steadily growing economy. These include engineering, natural resources extraction, agriculture, construction, health services, tourism and hospitality.
World Bank has injected about US$46 million to be used for Skills Development Project, which will help the country to equip young people with the skills needed for jobs in high-priority sectors in the country’s steadily growing economy. These include engineering, natural resources extraction, agriculture, construction, health services, tourism and hospitality.
Speaking during the signing ceremony of the financial agreements for the projects, the Minister of Finance, Economic Planning and Development, Honourable Goodall  Gondwe  commended the world Bank for supporting the initiatives.
According to the Minister the Skills Development Project will increase access to, market relevance and results orientation of supported skills development institutions in the priority areas to be agreed upon with the institutions.
In her remarks, Malawi’s World Bank Country Manager Laura Kullenberg   said that skills Development Project will help the country to equip young people with the skills needed for the jobs in the high priority, high sectors in the country’s steadily growing economy.
“All programmes offered by the skills development institutions in Malawi will be made more relevant to today’s market, more results oriented and more accessible to youth living in rural areas. Over 7000 young men and women are expected to benefit from this effort over the next four years,” said World Bank Country Manager.
She said that the project also introduces a very innovative design where instead of setting up a conventional project structure disbursements will be based on results achieved rather than for activities or inputs.
She further said the project will help National Council of Higher Learning to strengthen systems and skills-related policy design capacity.
“We have high hopes that the project will make a tangible difference to thousands of young people in Malawi, improving their employment prospects and ultimately contributing to prosperity for all,” she said.
 
The institutions that will benefit from this project are Lilongwe University of Agriculture and Natural Resource s (Luanar),  the Malawi Polytechnic (Poly), Mzuzu University (Mzuni), Chancellor College (Chanco) and Technical, Entrepreneurial and Vocational Education and Traditional Authority (Teveta).

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