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  2. Vocational Training and Skills Development Project (VTSD)

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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.

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