Second Strengthening Higher Education Project (ADB-48127-002)

Countries
  • Laos
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 29, 2016
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
Lao People's Democratic Republic,
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)
Grant, Loan
The categories of the bank investment: loan, grant, etc.
Loan Amount (USD)
$ 16.45 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 23.47 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.
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 22, 2017

Disclosed by Bank Nov 9, 2016


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

Project Description
According to ADB documents, the proposed Second Strengthening Higher Education Project (the project) will strengthen the linkage between higher education (HE) services and socioeconomic needs by improving HE quality, enhancing access to modern HE programs, and strengthening governance and management of HE institutions. The project builds on the achievements and lessons learned from Strengthening Higher Education Project (SHEP), which introduced innovative approaches to improve the HE subsector in Lao PDR. The impact will be stronger links between higher education services and socioeconomic needs. The outcome will be improved quality of higher education services. The project will provide support to four public HEIs (Champasack University, NUOL, Savannakhet University, and Souphanouvong University), and improve the regulatory framework for HEIs.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Thomas, Elaine C. Southeast Asia Department, ADB 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