THE DISCOVERY of natural gas in Cyprus' exclusive economic zone (EEZ EEZ Exclusive Economic Zone ) has provided a promising future for the island and its worrying unemployment figures, Labour Minister Sotiroula Charalambous said yesterday and could create up to 4,000 jobs.
"Despite today's adversity, our economy's future seems promising with the discovery of natural resources in Cyprus' Exclusive Economic Zone," Charalambous said during a presentation by the Human Resource Development Authority (HRDA HRDA HR Daily Advisor (Human Resources)
HRDA Human Resources Development Authority
HRDA Human Resource Development Associates, Inc. ) on its work in 2011.
This, she added, has prompted the government to promote a series of measures to reinforce growth.
Her ministry's contribution to these measures is a series of actions that aim to deal with unemployment, said Charalambous.
And the HRDA is working on it too, she added. "The Authority has already started carrying out a study into the employment needs and development of human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. that are connected to the exploitation of natural gas," said Charalambous.
The authority's chairman, Nicky Mattheou, said the survey aimed at spotting the needs in human resources, knowledge and expertise in sectors and professions that are directly or indirectly related to the management of natural gas.
She said it would be carried out in five stages and was expected to be complete by the end of 2012.
The first phase is charting successful practices that are followed in other countries, such as Israel, Norway and Australia. This will help form a methodology, once the relevant consultations have taken place in Cyprus.
According to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. HRDA general manager George Oxinos, who is in charge of the study, a meeting took place with Energy Service chief Solon Solon, Athenian statesman
Solon (sō`lən), c.639–c.559 B.C., Athenian statesman, lawgiver, and reformer. He was also a poet, and some of his patriotic verse in the Ionic dialect is extant. At some time (perhaps c.600 B.C. Kassinis on Monday and it emerged that around 4,000 people would have to be employed to develop the facilities needed to handle the gas although fewer would be needed once systems are up and running.
Charalambous also referred to the HRDA special prevention scheme to deal with the economic crisis, which was implemented in February 2009 and aims at preventing and combating unemployment.
"From the day it was put into implementation until the end of 2011, around 27,000 people participated in the actions, at an estimated cost of around e1/440.6 million," said Charalambous.
Of those who joined the special scheme, 49.3 per cent are currently employed.
In 2011, the Authority spent over e1/425 million on 7,398 training schemes, which helped over 60,000 people find work, it said.
The Special Prevention Scheme -- Action Plan includes actions to help prevent unemployment, improve employability, employment and training. It is directed at the unemployed, financially inactive and business employees.
Mattheou said the authority was currently in the process of completing four new schemes, co-funded by the EU, to improve employability among the unemployed and financially inactive women; reinforce competitiveness among small and medium sized enterprises (SME (1) (Small and Medium-sized Enterprise) See SMB.
(2) (Subject Matter Expert) An individual who is well-versed in the policies and procedures of a particular department or division. ) that employ one to four people and SMEs that employ from five to 249 people.
HRDA in 2011
* e1/425,659,659 was spent on 7,398 training schemes
* The authority helped train 60,133 people
* 49.3 per cent of participants in the HRDA schemes are currently employed
* 90 per cent of participants in the scheme that combines training with work placement are employed
* Four new schemes are on the way, to help the unemployed, financially inactive women, SME with one to four employees and SME with five to 249 workers
Copyright Cyprus Mail Cyprus Mail is a Cypriot English-language newspaper. It is published daily (except Mondays) and a number of articles are available online. Its current chief editor is Kosta Pavlowitch.
The managing director is Kyriakos Iacovides. 2012