Sustainability Report 2016 - page 72

Consolidated Contractors Group S.A.L. | Sustainability Report
Promoting Arab Youth Employment
CCC is supporting an initiative led by the World
Economic Forum to create an enabling environment
in which young people can fulfil their professional
With more than half of its population under 25
years of age and the world’s highest unemployment
rate, the MENA region faces critical challenges that
need to be addressed. The World Economic Forum
through the Arab Youth Employment Initiative
engages leaders from business, government, civil
society and academia to identify the reasons
and potential solutions for youth unemployment
and skill gaps in the region. The initiative adopts
a holistic approach by involving numerous
stakeholders, building on existing individual or
collaborative efforts and promoting a mutual
understanding between all involved parties.
At CCC we believe it is a business imperative for
companies to actively contribute towards tackling
unemployment and building talent for today’s as
well as tomorrow’s labour market. The Arab Youth
Employment initiative provides an ideal platform
to help business leaders foster competitive and
sustainable economies. CCC has committed to create
employment opportunities for 2,000 youth and offer
them on-the-job training. In partnership with, public
sector organizations, international agencies and
civil society CCC is developing vocational training
centres in seven countries to train youth in the
construction related fields.
CCC plans to create 2,000 employment
opportunities in partnership with the World
Economic Forum.
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