FABRA ANNOUNCES 375 MILLION EUROS FOR NEW JOBS

Fabra said that the data has now begun to generate optimism within the Valencian society

The President of the Generalitat Valenciana, Alberto Fabra, announced last week that the Valencian Government will allocate 375 million euros over the next three years to boost training plans and job creation aimed at particular groups such as young people under 25 years of age, the long-term unemployed and people who have special difficulties in finding employment.

In a ceremony held on Tuesday at the Elche Business Park, Fabra presented the project entitled ‘Strategy Employs’ stating that Valencia will be able to create 200,000 new jobs under this initiative by 2016.

The President announced that the Regional Government Budget next year amounts to 170 million euros which will be used to start boosting the actions needed to implement the plan ‘Strategy Use’. In the following year the budget will increase by 5 million euro to 175 million.

Fabra predicted that this year will end with the creation of 50,000 new jobs and that in 2015 and 2016 respectively the figure will be increased by 75,000 new jobs each year.

"The data has now begun to generate optimism within the Valencian society," he said. "We are second nationwide in terms of reduced unemployment and the second also in job creation, which shows how all of our businesspeople are working together in a true entrepreneurial spirit."

Fabra also stressed that Valencia is currently running third nationwide in terms of growth at 1.3 per cent of GDP and next year it is forecast to be second with GDP growing at 2.4 percent.

Filed under: http://www.theleader.info/article/45174/

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