Secondary Education Sector Investment Program - Tranche 1 (ADB-44213-016)

Countries
  • Bangladesh
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Oct 21, 2013
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Ministry of Education
The holder of the loan, grant, or other investment.
Sectors
  • Communications
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 90.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 1,821.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Sep 11, 2017

Disclosed by Bank Mar 20, 2017


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Project Description
This project funds the Bangladesh government's reform of secondary education (6-12 grades) which includes implementation of information and communication technology, vocational programs, teacher development, and promotion of gender-equitable and pro-poor student stipends.
Investment Description
  • Asian Development Bank (ADB)
  • World Bank (WB)
The funding for this project is divided as follows: ADB: US$ 90 million Korea International Cooperation Agency: US$ 3.5 million World Bank: US$ 100 million Export-Import Bank of Korea: US$ 39 million
Contact Information
Ministry of Education Shikkha Bhaban, 16 Abdul Ghani Road Dhaka-1000 Bangladesh ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main