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SKILLS FOR VIBRANT ECONOMY (SAVE) PROJECT


The Government of Malawi with support from World Bank is implementing a five year Skills for Vibrant Economy (SAVE) Project through the Ministry of education in collaboration with the Ministry of Labour, The total cost of the project is $100 million. The overall project objective is to increase equitable access to market relevant skills in priority areas of the economy, especially for the females and vulnerable youths in the targeted institutions. The SAVE project became effective on 14th October 2021 and is expected to close on 30 June 2026.

The purpose of the project is to increase equitable access to market relevant skills in priority areas of the economy, especially for the females and vulnerable youths in the targeted institutions.

Start date: 2021-10-14 Due date: 2027-06-30 Approval date: 2021-06-01 Orange Category (7 Red Flags)
Absence of a clear feasibility study Limited assessment of environmental impacts Limited assessment of social impacts Limited assessment of economic impacts Weak stakeholder engagement Limited competition Lack of maintenance plans
100,000,000.00   USD
Total Budget
2023-05-18
Date Created
2023-05-18
Last updated
Construction
Project Type
Preparation
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Asset Life Time

Start Date 2026-06-30
End Date 2076-06-30
Max End Date 2076-06-30

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