On the 15th of November 2013, at the University of La Laguna Tenerife, Delegates from the University of Malta and Business Owners from around Europe met for a presentations on new initiatives to improve and develop the employment education & training within the Canary Islands.
Attendees had the pleasure to listen to Maurice Grech (University of Malta) explain their programme for creating “employment opportunities in developing islands”.
The Maltese initiative has created more than 5000 skilled employment positions in the last 10 years, largely, by working with industry leaders through initiatives to tailor both academic and vocational courses to meet the needs of the workplace.
It was interesting to learn that a 20 million additional jobs are expected to be created Europe wide by 2020, largely in the Business Service sector, and non marketing business sector like health, education, and banking.
The most worrying fact was that a reduction of jobs in the unskilled sectors of 12.1 million less jobs, across Europe, are expected in the same time frame, emphasising the importance for people to become qualified in a particular skill if their desire is to make themselves employable.
Vince Malone (University of Malta) also stated that it isn’t enough to keep forcing people to fit the education system model, the negative effect of this will result in too many qualified people in the same area of expertise. Initiatives, like the one adopted in Malta, have been successful by opening dialogue between education and industry leaders. This ensures the education system is turning out qualified skilled workers to meet the requirements of companies in the short and medium term.
This news was well received from both Government inward investment organisations and private companies who share a common interest in the commercial advancement of the Canary Islands.
Cabildo web: www.tenerife.es
Turismo web: www.webtenerifeuk.co.uk
Novara Capital Group is an international tax & capital investment consulting firm. We specialise in Corporate Structuring, European Union Tax Incentives, IP Positioning, and Transactions / M&A. We provide intelligent corporate structures, advice, and an integrated service which cross delivers in businesses. We advise companies globally to accelerate international growth, optimise net profits, and enhance equity value leveraging Intellectual Property and Licences. Our in-house experts specialise in International Tax Law, Company Law & Cross Border Jurisdiction, Investment & Asset Management, Mergers & Acquisitions, and Operational Management.
Get in touch today to arrange an introductory conversation for more information.
Email: welcome@novara.group
London Tel: +44 207 129 7086
Spain Tel: +34 910 085 807
Comments