Guizhou Vocational Education Development Program (ADB-48101-003)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Guizhou
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
Dec 8, 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.
Borrower
Government of People's Republic of China
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.
Investment Amount (USD)
$ 150.00 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)
$ 1,610.00 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 Aug 11, 2017

Disclosed by Bank Sep 29, 2016


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Project Description
The proposed Asian Development Bank (ADB) assistance will support the Guizhou Provincial Government (GPG) to improve the quality of technical and vocational education and training (TVET) in the province, and to make TVET more relevant to employers’ needs. Developing high-quality TVET is a GPG priority for expanding and developing the provincial workforce to facilitate continued inclusive economic growth, reduce rural poverty, and to improve the employment prospects of young workers seeking jobs. ADB financing will add value by incentivizing improvements in TVET quality and capacity, particularly through teacher training, development of competency based curriculum, modernized training facilities, and system-wide sharing of TVET reforms. ADB’s convening power to bring international experience in using RBL to promote sector reform, knowledge sharing and dissemination of lessons learned is highly valued by the PRC and Guizhou governments. This approach for using and strengthening country systems is appreciated and is already being proposed for additional programs in the PRC
Investment Description
  • Asian Development Bank (ADB)
Government of China US$ 1,340 million
Contact Information
Guizhou Provincial Government (EA) SJYTBGS@126.COM No 43, Zhongshan West Road, Guiyang city, 550003 Guizhou Province, PRC 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