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Jun 13, 2012

$70m for skills training in Ghana

Mr. Lee Ocran, the Minister of Education says a grant of $70 million has been committed by Denmark, Germany and the World Bank to support technical and Vocational education in the country.

He said the World Bank has pledged $50 million, Denmark committed $10 million over five years, whilst Germany has committed €10 million towards the Skills Development, to enhance technical and vocational education.

The Minister disclosed this in Accra, at a signing ceremony between beneficiaries of the fund and the Council for Technical and Vocational Education and Training (COTVET), to give more meaning to the commitment made by the development partners.

Mr. Ocran said it is important for the country to invest in human resource development, especially vocational and technical education, for the socio-economic development of the country, as part of efforts to reduce poverty.

He pointed out that vocational education and training has emerged as one of the most effective human resource development strategies that any country need to embrace in order to train and modernize its technical workforce.

According to him, vocational education holds the key to building an entrepreneurial work force which will empower the youth and the unemployed to depend on themselves by engaging in businesses of their interest.

He called on the beneficiaries to be very diligent in the use of the grant and ensure that the funds are used for the purpose intended.

Dr. Dan Baffour-Awuah, the Executive Director of COTVET, on his part, said the funds, when disbursed, will increase job creation, productivity and competitiveness of enterprises and also increase incomes and improve the livelihood of beneficiaries.

Source: ISD