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
Absence of a clear feasibility study
Unrealistic budgets
Limited assessment of environmental impacts
Limited assessment of social impacts
Limited assessment of economic impacts
Weak stakeholder engagement
Change of scope
Cost overruns and budget inflation
Lack of transparency in procurement processes
Limited competition
Favoritism in bidding processes
Political interference
Weak accountability mechanisms
Frequent project delays (time overruns)
Environmental violations
Social violations
Lack of maintenance plans
Under-utilization of project
Abandonment of project