Closing skills gaps through Inclusive Tourism in Egypt - Youth and Gender Inclusion through high quality training and dual learning in hospitality and tourism (EBRD-12740)

Countries
  • Egypt
Where the impacts of the investment may be experienced.
Specific Location
El Gouna
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jan 27, 2020
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Gouna Hospitality School
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Jan 28, 2020

Disclosed by Bank Jan 27, 2020


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Project Description

According to the bank-provided information, the partnership seeks to support expansion of high quality training through the expansion of the Gouna Hospitality School (“GHS”), a high quality hospitality school and dual learning institute, located in El Gouna in the Red Sea Governorate in Upper Egypt – a prime tourist destination. The school was established in 2002 and is currently owned by the Sawiris Foundation. The school offers 3-year diplomas in kitchen, service and housekeeping, and is currently the only school in the North Africa region, and one out of four schools outside Germany worldwide, offering dual learning diplomas in line with the highest certifiable dual learning standards. The GHS is currently collaborating with 15 hotels offering dual learning opportunities to 200 students per year. In addition to that arrangement it partners with organisations to provide particularly disadvantaged youth with full scholarships.

The TC Project will consist of the follownig four objectives and four respective assignments:

  1. Establihsment of a new state of the art practical educational workshop for culinary occupations for high quality dual learning provision in line with international best practices.
  2. Development of curriculum for with-in company training of trainers, enhancing the capacity of partnering hotels for the deliver of work-based learning modules.
  3. Development and implementation of a gender awareness campaign and targeted outreach programme to attract more female students
  4. Strengthened governance structures at the GHS ensuring long-term sustainability
Investment Description
  • European Bank for Reconstruction and Development (EBRD)
Private Actors
Contact Information

*Contact information not provided at the time of disclosure*

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at pcm@ebrd.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.