Skills training for 20,000 Bahraini youth in bid to combat unemployment
Author: Kirsty Tuxford | Date: 17 Feb 2016
World Economic Forum initiative will help 100,000 young people in MENA region find jobs
Up to 100,000 young people will receive job readiness and skills training in the MENA region by the end of 2017 – and 20,000 of those will be in Bahrain.
Tamkeen, a semi-government organisation, has promised training and development for 20,000 young people, as well as providing support for 2,000 entrepreneurs.
This is part of a new initiative launched at the World Economic Forum (WEF) – The New Vision for Arab Employment – developed to combat high youth unemployment in the MENA region, and to address the lack of skilled young workers. Tamkeen is a founding partner of the initiative and one of its biggest participators.
“Development of human capital is the most critical factor for the sustainability of economic development,” says Sheikh Mohammed Bin Essa Al Khalifa, Tamkeen’s chairman. “In Bahrain, Tamkeen has continuously trained Bahrainis to be able to have the necessary operational and practical knowledge that matches with the private sector’s requirements and needs. The Arab world is set to go through a shift that will help stabilise the regional economy and create better opportunities for youth.
“By participating in 'The New Vision for Arab Employment', we hope to encourage more Bahrainis to fulfil their ambitions and achieve their goals,” he adds. “Bahrain already has in place the network of supporting institutions that will allow Bahrainis to benefit from this initiative to develop and thrive.
Tamkeen's remit is to develop Bahrain's private sector and to enable it to become a key component of the Kingdom's economic development. The organisation was formed in 2006 to help achieve national economic reform as part of Bahrain's economic vision.
“Bahrain now has one of the most highly-educated populations in the region, but there is always more to be done,” says Khalid Al Rumaihi, chief executive of the Bahrain Economic Development Board (EDB). “Initiatives such as these are a great way to inspire people and encourage their personal development.”
The initiative is in line with Bahrain’s Vision 2030, which states that the Kingdom wants to shift from an economy built on oil wealth to an economy driven by a pioneering private sector, with increased productivity and higher-wage jobs.