Economy

Kenyan youth to benefit from Korea’s Ksh.800 million deal

The Korea International Cooperation Agency (KOICA) has signed a deal with the Kenyan government to invest Ksh.832 million ($ 7.3 million)  with an aim to improve the quality of Technical and Vocational Education and Training (TVET).

The deal will see over 5000 Kenyan youth benefit from vocational training.

“The experience and expertise in quality, precision and speed of growth in manufacturing from these two countries will bring about transformative industrialisation in Kenya, delivering a better quality of life,” said Principal Secretary for industrialisation Kirimi Kaberia.

The German Development Cooperation will also implement its role in the partnership by collaborating with vocational institutions in 12 different counties for the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) employment and skills development for Africa (EFD)  program.

“This collaboration will make a significant difference in expanding the footprint of the industry and the capacity for production in the country,” said Bodo Immink, GIZ Country Director.

KOICA is a government agency which aids programs for developing countries by implementing the Korean government’s grant aid and technical cooperation programs.

This is not the first time the Korean government has given support to Kenyan youths. In 2014, the Korea International Agency allocated Ksh.400 million for the completion of Kituluni Youth Polytechnic in Matungulu district.

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