Investing in youth: unleashing the potential of entrepreneurship and innovation in Yemen Apr 3, 2014
Multi-donor Youth Economic Empowerment Project signed
Sana’a - United Nations Development Programme (UNDP) and the Government of Yemen (GoY), represented by the Ministry of Planning and International Cooperation and the Ministry of Industry and Trade, signed on April 3rd the second phase of the Youth Economic Empowerment Project (YEEP).
With a total budget of USD 10,514,000 for two years, following a successful pilot (2012-2013), YEEP II is targeting 8000 vulnerable youth, to empower them economically through the creation of job opportunities. YEEP is a multi-funded project with contributions from UNDP, Japanese, Korean and Netherlands Governments, as well as SPARK and Silatech. The project aims to support the Government and the people of Yemen during the unprecedented transition, addressing youth unemployment as one of the root causes of the 2011 conflict.
“Mitigating unemployment amongst youth supports the stabilization of the country and contributes positively to revitalizing the economy of Yemen,” says the UNDP’s Resident Representative Paolo Lembo.
During the pilot phase, UNDP has introduced to Yemen an innovative employment methodology, the "3x6 approach" linking immediate income generation to sustainable employment creation. The Government of Yemen has taken up the 3x6 approach as tool to address youth unemployment in the national Youth Employment Action Plan (YEAP). UNDP is supporting the implementation of this plan both through policy support and activities on the ground in urban centers and rural conflict-affected areas.
“The Government of Yemen is aspiring to build the future of Yemenis and to enforce the outcomes of the National Dialogue which considers the improvement of the livelihoods of the Yemeni people as a priority,” says H.E. Dr. Mohammad Al-Saadi, Minister of Planning and International Cooperation.
The project agreement was signed by H.E. Dr. Mohammad Al-Saadi, Minister of Planning and International Cooperation, H.E. Dr. Saad al-Din Ali Bin Talib, Minister of Industry and Trade, and Mr. Paolo Lembo, UN Resident Coordinator, UNDP Resident Representative.
“MOIT and UNDP are closely working together to boost business innovation for economic revitalization in productive sectors, and supporting the countrie's talented youth to become actors of their own development,” says the MoIT Minister Bin Talib. MOIT has appointed a dedicated, gender-sensitive team to achieve the project's objectives with full national ownership.
The signing ceremony was attended by Ms. Mikiko Tanaka, UNDP Country Director, H.E. Mr. Katsuyoshi Hayashi, the Ambassador of Japan, Mr. Sangmin Lee, Deputy Head of Mission, Embassy of Korea, Dr. Mohammed Almaitami, Silatech Resident Representative and Mr Firas Deeb, Spark Country Director, as well as Mr Ali Dehaq, ILO Representative and Governmental officials.
YEEP Communications/Advocacy National Specialist
Ms. Kawkab al-Thaibani,
Mobile: (+967) 712221950