Vocational Education and Training Consolidation Project

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The Vocational Education and Training (VET) Consolidation Project aims to contribute to economic growth and human resources development, targeting the skill requirements of relatively poor urban groups in the informal sector. Related objectives are to improve local capacity to allocate training resources as a function of labor market demand and to increase the involvement of the private sector in the management, provision and financing of VET. The project will finance three components: a) the consolidation of pre-service VET services, by upgrading facilities, revising curricula, improving teacher quality and increasing management capacity; b) the establishment of a Vocational Training Support Fund to develop demand-driven, employer-financed skills upgrading and apprenticeship training; and c) the establishment of an Employment and Training Observatory, to improve labor market information analysis and dissemination.