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Supporting youth empowerment through private sector investment

August 29, 2014 by Stefan Wright Leave a Comment


 

An IDB team comprised of Mr. Hans Schulz, Vice President for the Private Sector, Mr. Stefan Wright, Lead Investment Officer, Structured & Corporate Finance Department, Mr. Wayne Beecher, MIF Senior Specialist and Mrs. Cynthia Hobbs, Education Senior Specialist visited the Marriott Courtyard Kingston project site last week Tuesday, June 24, 2014.  The purpose of the visit was to view the construction of the hotel in progress and also to visit with the five Youth-At-Risk that are conducting their six-month internship as part of the Shared Value Appraisal.

While we were very impressed with the progress being made by Prime Construction the main contractors, we were even more satisfied with the performance of the interns supplied through the Citizen Security & Justice Programme.  It was rewarding to hear directly from Mr. Keefa Harris, one of the  youth in the program, who has been given this unique opportunity by the contractor to learn construction skills on an actual construction site. He remarked, “ I have learnt a lot more here about steel work and other jobs than I did previously, because this is a real working environment and my supervisor takes a lot of interest in me”.  His supervisor Mr. Chester Campbell, was also glowing in his comments of Mr. Harris and the other interns.  “They have all done very well, and I will definitely be taking them to my next construction job”, he said.  This is some endorsement for persons who had little or no formal work experience particularly in construction, prior to starting their internship three months ago.

Mr. Schulz also used the opportunity to tell Mr. Harris, how proud we all were of him and the other interns and that he expected him to continue to do well.

As team leader for this project, perhaps the most satisfying of all was to hear the response of Mr. Harris to the question, how has this internship impacted your life?  His response was, “I feel like a man now”.


Filed Under: Jamaica, Labour & Learning Tagged With: At risk youth, Citizen Security and Justice Program, Citizen Security and Justice Programme, construction, improving lives, Jamaica, life skills, Multilateral Investment Fund, private sector, youth development, youth empowerment

Stefan Wright

Stefan es oficial líder de Inversión en Turismo de BID Invest. Ingresó en 2016, y su trabajo se enfoca en la ejecución de transacciones financieras en América Latina y el Caribe. Cuenta con más de diez años de experiencia en el Grupo BID, durante los cuales generó soluciones de deuda y capital innovadoras, estructuró proyectos complejos e integró servicios de asesoría en sus transacciones orientadas al desarrollo sostenible. Antes de ingresar al Grupo BID, Stefan pasó cuatro años como director ejecutivo de Near Shore Solutions Inc. en Jamaica, recaudando capital y brindando servicios de asesoría financiera. Previamente, Stefan pasó siete años en banca de inversión, durante los cuales ejecutó transacciones de deuda y capital, además de prestar servicios de asesoría en fusiones y adquisiciones en Bank of America Securities en Nueva York. Stefan tiene una maestría en administración de empresas (MBA, por sus siglas en inglés) con énfasis en finanzas de la Universidad de Nueva York (EE.UU.), y un título de pregrado en contabilidad de la Universidad de las Indias Occidentales (Jamaica).

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Caribbean Dev Trends

We provide unique and timely insights on the Caribbean and its political, social, and economic development. At the IDB, we strive to improve lives in the Caribbean by creating vibrant and resilient economies where people are safe, productive and happy.

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