Skills Development for Inclusive Growth (ADB-47227-001)

Countries
  • Myanmar
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
Canceled
Bank Risk Rating
U
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
Apr 2, 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
Republic of the Union of Myanmar, Ministry of Education
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)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 2.00 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 Mar 27, 2019

Disclosed by Bank Mar 7, 2017


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to ADB website, the government of Myanmar recognizes that skills development will be critical in promoting inclusive growth and poverty reduction, assisting Myanmar to meet rapidly evolving labor market needs, rebalancing and equipping the labor force and the economy to modernize and climb the technological ladder into higher value-added sectors, and enhancing equity of opportunity to new opportunities. Under the Comprehensive Education Sector Review (CESR) launched by the government in late 2012, with harmonized support from development partner organizations (DPOs) the Asian Development Bank (ADB) has been a lead DPO supporting analysis and policy dialogue on technical and vocational education and training (TVET) and other post-primary education subsectors in Myanmar. The impact will be enhanced skills foundation for balanced and inclusive growth.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Project Officer: Spohr, Christopher A.
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