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- Vocational Training and Skills Development Project (VTSD)
Vocational Training and Skills Development Project (VTSD)
Yemen
| Borrower | Yemen |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Education |
| Approved | 16.03.2010 |
| Signed | 01.06.2010 |
| Status | Cancelled |
| Loan Administrator | ISDB |
| Executing Agency | Social Fund for Development |
| Co-financiers | Government, ISDB, IsDB Grant |
| OPEC Fund Contribution (US$m) | 9.10 |
| Total Project Cost (US$m) | 21.59 |
This project aims at improving rural workers’ access to skills development opportunities, thereby reducing rural poverty in three selected governorates.Activities will include, among others:
- construction or rehabilitation of educational centers/classrooms
- enrolment of around 9,000 children between the ages of 9-15 years in classes that will enable them to complete the equivalent of a primary school education
- establishment of a youth vocational literacy component that will target some 4,000 unemployed youth and provision of financial and business counseling
- provision of training to 4000 women in the areas of literacy proficiency, vocational training and business skills development
- implementation of microfinance schemes.