Secondary Education Sector Investment Program - Tranche 2 (ADB-44213-017)

Countries
  • Bangladesh
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
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
Nov 20, 2015
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.
Sectors
  • 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)
$ 508.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Aug 11, 2017

Disclosed by Bank Sep 28, 2016


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Project Description
DESCRIPTION ADB and the Government of Bangladesh are working together to help secondary school students gain the skills needed to obtain quality jobs and move the country forward. The Secondary Education Sector Investment Program is helping Bangladesh's secondary schools become more efficient, equitable and higher-quality. This includes the use of information and communication technology, as well as vocational programs, teacher training and the improvement of exams. Poor students are being assisted under the program and equity between the education of girls and boys is a key focus. PROJECT RATIONALE AND LINKAGE TO COUNTRY/REGIONAL STRATEGY The Bangladesh economy has grown rapidly and poverty has declined sharply. This is due in part to the progress the country has made in increasing enrollment in basic and secondary education. Despite the achievement, Bangladesh has a formidable task ahead in making secondary education more efficient, equitable, and relevant to the economy's needs. Each year, two million young people enter the job market and many of them do not have the skills needed to help propel Bangladesh to the next level of development. Bangladesh needs to invest more in education to transform the rising working-age population into a productive source of skilled workers. Seizing this opportunity would help the country meet its goal of becoming a middle-income country by 2021. IMPACT a more efficient, equitable, and higher quality secondary education system (National Education Policy 2010, Secondary Education Sector Roadmap 2013-2023). CONSULTING SERVICES Indicative Procurement Plan was prepared. It includes several QCBS packages. PROCUREMENT Indicative Procurement Plan was prepared. It includes several ICB packages.
Investment Description
  • Asian Development Bank (ADB)
Loan 3320-BAN: Secondary Education Sector Investment Program - Tranche 2 Concessional ordinary capital resources / Asian Development Fund US$ 185.00 million Loan: Secondary Education Sector Investment Program - Tranche 2 World Bank US$ 265.00 million Export-Import Bank of Korea US$ 58.00 million
Contact Information
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 CONTACTS Responsible ADB Officer Rahman, S.M. Ebadur Responsible ADB Department South Asia Department Responsible ADB Division Bangladesh Resident Mission Executing Agencies Ministry of Education Shikkha Bhaban, 16 Abdul Ghani Road Dhaka-1000 Bangladesh