UN Program for developping local economy and combat piracy in Somalia

By Piracy

The companies Shell, BP, Maersk, Stena plus the Japanese shipping companies NYK, MOL and "K" Line have decided to work together with the United Nations Development Programme (UNDP) for making jobs and for people in Somalia. The shipping industry giants decided to take part in a project started this month to stabilize the economy of the country and to stop piracy in the area.
UN has the idea of creating jobs and then local communities to make more safe merchant shipping in the area. This project will provide young people with employment and will be offered alternatives to piracy in the agriculture, livestock, and fishing industries. The shipping companies will give funding of US $1.5 million to help other skill development projects in Somalia.