SFSD Launches a New Partnership with Wadi Degla Holding to Create 2500 Jobs in the Most Needy Areas in Egypt
This new partnership between SFSD and Wadi Degla Holding highlights the emergence of corporate responsibility in the private sector. Collaboration between corporations and NGOS is necessary to meet the expectations of Egyptian citizens and to ensure that everyone benefits from economic growth.
3 of 5 development projects worth EGP 5 Million, equally funded by Sawiris Foundation for Social Development and Wadi Degla Holding Co, are currently under way and set for completion in 2016, in Cairo and Upper Egypt governorates, while the other 2 will be implemented in Marsa Matrouh (Siwa) and Sohag.
These projects are part of a new partnership with Wadi Degla Holding, to create 2500 Job opportunities to help improve people’s living standards in the most needy areas in Egypt. 2 projects implemented in Upper Egypt governorates, namely Asiute & Menya, include vocational training programs in the fields of ready-made garments, handicrafts, confectionery, medical supplies industry, steel welding and legumes packaging. The projects also provide a microenterprise development program which incorporates micro-credit and training components. Training and employment priority will be given to Egyptian workers returning from Libya.
In Cairo, SFSD and Wadi Degla Holding launched the inaugural conference of “Learning for Employment Project”, on Tuesday 16th of June 2015, which aims to help 500 adults improve their literacy skills to meet employment requirements and advance to higher levels of training. The project is implemented by Good News Association, under the supervision of Egypt National Initiative for literacy programs. The project also provides vocational training programs in several fields. Upon successful completion of their training, graduate trainees will be provided with official certificates and appropriate job opportunities in NGOs and private sector companies.