Canary Islands' New Collaboration Agreement

The Canary Islands’ government has officially published a new collaboration agreement involving Obrascón Huarte Lain, a major construction company, in the official bulletin. This follows the legal requirement that all public sector agreements, amendments, and extensions become public within 20 days of signing.

Details of the Agreement

• The deal was signed on June 12, 2025.
• It is part of the broader 'Cataliza VII' project.
• The project aims to boost employment for young people through internships without pay in local companies.

Purpose of the Initiative

This initiative is designed to:

• Integrate recent graduates into the job market.
• Provide them with practical experience.
• Increase their employment prospects.

Partners Involved

The agreement reflects a collaboration among:

• The Canary Islands Employment Service
• The University Foundation of Las Palmas
• The Canary Employers Confederation

Focus on Youth Employment

The partnership emphasizes the focus on youth employment, which is critical amid ongoing concerns about youth unemployment in Spain.

Impacts and Significance

• For residents, especially young job seekers, this kind of public-private partnership signals ongoing efforts to create pathways into the workforce.
• It highlights the government's commitment to transparency by publicly disclosing collaborations.
• This move could potentially expand opportunities for many young professionals in the region.
• It supports economic recovery and social inclusion.