This investment aims to increase the overall supply of vocational training by creating in total 247 452 new places (compared with end 2020) until 2025, rebalancing the supply with the needs of the businesses and effectively respond to regional and local gaps. The focus is on meeting the demand of the labour market for intermediate qualifications. The territorial distribution of the new VET places shall be based on a needs assessment and follow on discussion with relevant stakeholders to ensure that the offer effectively responds to regional/local gaps. It is expected to be agreed in the context of the Education Sectoral Conferences, with the Autonomous Regions. With a view to promote communication in a foreign language as a key element of professional performance, bilingualism shall be promoted in the area of VET as a strategic objective. The focus shall be on both teacher and pupil education in a foreign language as part of the formative cycle, through the conversion of 3 700 cycles into bilingual offer. Furthermore, the investment aims to develop innovation and knowledge transfer projects between VET centres and enterprises with a view for them to become a key element of the new vocational training model. The investment also aims at converting medium and high level training cycles into bilingual cycles, as a response to growing internationalisation of businesses and globalisation of economies. Spain shall ensure that the action shall be fiscally sustainable after the end of the Recovery and Resilience Facility, including by relying on other sources of EU funding. The implementation of the measure shall be completed by 31 December 2025. ReferenceC20.I03 in the ES Recovery and Resilience PlanProject locations Spain Project websitehttps://www.educacionyfp.gob.es/...