Technical and Vocational Education and Training Sector Development Program (TVETSDP) (ADB-46064-002)

Countries
  • Cambodia
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
Approved
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
Sep 26, 2014
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
Government of Kingdom of Cambodia, Ministry of Labor and Vocational Training
The holder of the loan, grant, or other investment.
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.
Loan Amount (USD)
$ 45.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 20, 2017

Disclosed by Bank Mar 10, 2017


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Project Description
According to ADB website, the proposed Technical and Vocational Education and Training Sector Development Program (TVETSDP) seeks to support the Government of Cambodia in improving access to, and relevance and quality of, the formal technical vocational education and training (TVET) system. The key focus of the project is to achieve a market responsive formal TVET system through partnerships with employers and private sector. The impact will be an increased employability of technical and vocational education and training (TVET) certified workers.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Mar, Sophea Southeast Asia Department No contact information provided at the time of disclosure. 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