The Government of Saint Lucia has announced a three million dollar “Cruise
Sector Training and Employment Programme” to provide access to funding
for approximately 550 young Saint Lucians, seeking employment in the cruise
sector. This programme is an expansion of a $400,000.00 pilot version which was
introduced under the NICE programme in the last fiscal year.
Over the past year, approximately 229 unemployed Saint Lucians got job
offers, 35 percent of which, benefited from the pilot financing facility set up
with the Saint Lucia Development Bank (SLDB). As such, the Government of Saint
Lucia has partnered with a training institute, a cruise line and the SLDB, to expand
the facility and provide more opportunities to unemployed youth. This year,
three million dollars will be obtained from the National Insurance Corporation
for on-lending to prospective employees through the SLDB.
In his 2014/2015 Budget Statement, Prime Minister Hon. Dr. Kenny D.
Anthony announced,
“Mr. Speaker, it is no secret
that the many cruise ships that we see berthing at our ports each week employ
thousands with well-paying jobs. However, the problem has always been with the
inability of Saint Lucians to access these jobs because of the costs associated
with meeting the requisite qualifications and other requirements.
We know all too well the
unsuccessful, costly attempts made by Government in the past to provide support
to local candidates to access these jobs. However, through NICE, the Government
of Saint Lucia launched a pilot programme valued at $400,000 during the past
fiscal period to assist unemployed youth between the ages 19 and 35 years to
access this employment. Unlike other similar initiatives in the past, this
pilot programme has been carefully designed in conjunction with a training
institution, a cruise line and the Saint Lucia Development Bank. The programme
is specifically targeted for non-utility job opportunities within the Cruise
Sector. With these types of jobs, Mr. Speaker, successful candidates can earn
as much as, and in some cases, in excess of US$3,000 per month.
Mindful of the unfortunate tradition of delinquency in servicing
education and training loans, the Government will introduce stringent repayment
conditionS to ensure that these loans are repaid within a six month period, to
allow for the continuation of the programme.
More financing agencies have expressed interest in developing similar
facilities. Information on this opportunity will be made public once the
details have been finalized.


No comments:
Post a Comment