Guangxi Modern Technical and Vocational Education and Training Development Program (ADB-49308-001)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Guangxi
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
A
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 18, 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
Government of People's Republic of China
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.50 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)
$ 0.55 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 9, 2017

Disclosed by Bank Sep 29, 2016


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Project Description
Guangxi Zhuang Autonomous Region is located in southwestern part of the People's Republic of China (PRC) along the maritime belt, and sharing a long border with Viet Nam. In March 2015, President Xi Jinping urged Guangxi to become the PRC's pathway to the Association of Southeast Asian Nations (ASEAN), a new strategic pivot in southwest and central part of the PRC's opening up, and a dynamic portal connecting the Silk Road Economic Belt and the 21st Century Maritime Silk Road (Belt and Road Initiative). The Belt and Road Initiative extends PRC's opening-up frontiers to western part of the PRC and the border regions, making Guangxi a direct beneficiary. Ranking 27 out of 31 provinces in the PRC, Guangxi is among the poorer with a per capita gross domestic product (GDP) of about CNY35,000 in 2015 (70% of the national per capita GDP). Guangxi has the largest ethnic minority population in the PRC, comprising 11 ethnic groups and making up 38% of a total population of about 55.2 million in 2015. A significant 12.6% (compared to 6.1% national average), or 6.95 million, of the population lives below the national poverty line (CNY2,300/year). However, it is also among the fastest growing economies averaging 10% growth over the last 3 years. In line with the PRC's strategy to accelerate development in the south and western regions, Guangxi has pursued an integrated regional development program focused on poverty alleviation, urbanization, agricultural modernization, and industrial transformation and upgrading. Guangxi will use the opportunity of the Belt and Road Initiative to promote interconnectivity and further opening up with Southeast Asia. The Guangxi government aims to strengthen its economic and social positioning to emerge as one of the most important economic regions in southwestern part of the PRC, leading in modern agriculture, diversified industrial growth, and increased regional cooperation. To fill the demand for highly skilled labor in priority and emerging industries, Guangxi has identified human resource development, and particularly a modernized technical and vocational education and training (TVET) system, as one of its top priorities. Guangxi faces a shortage of highly skilled workers, both because of new emerging occupations and also with a legacy of many Guangxi workers having migrated to neighboring Guangdong. Further, while Guangxi has a vast TVET system, it is characterized with outdated training facilities, equipment and curriculum, low quality of teaching, insufficient links with industry, and weak capacity of TVET institutions to carry out quality learning reforms to come up to national standards. Guangxi has developed a five-year Modern Vocational Education System Development Plan for Guangxi Zhuang Autonomous Region (2015- 2020) to build a multi- and high-level skilled workforce. The structure of Guangxi's TVET modernization plan is wide-ranging to bring comprehensive improvements in TVET, and will need to be rationalized to bring selectivity and focus with a robust results framework.
Investment Description
  • Asian Development Bank (ADB)
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