Secondary Education Sector Investment Program - Tranche 2 (ADB-44213-017)

Countries
  • Bangladesh
Geographic location 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
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Nov 20, 2015
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 508.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 3, 2020

Disclosed by Bank Sep 28, 2016

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

DESCRIPTION

ADB and the Government of Bangladesh are working together to help secondary school students gain the skills needed to obtain quality jobs and move the country forward.

The Secondary Education Sector Investment Program is helping Bangladesh's secondary schools become more efficient, equitable and higher-quality. This includes the use of information and communication technology, as well as vocational programs, teacher training and the improvement of exams. Poor students are being assisted under the program and equity between the education of girls and boys is a key focus.

PROJECT RATIONALE AND LINKAGE TO COUNTRY/REGIONAL STRATEGY

The Bangladesh economy has grown rapidly and poverty has declined sharply. This is due in part to the progress the country has made in increasing enrollment in basic and secondary education. Despite the achievement, Bangladesh has a formidable task ahead in making secondary education more efficient, equitable, and relevant to the economy's needs. Each year, two million young people enter the job market and many of them do not have the skills needed to help propel Bangladesh to the next level of development.

Bangladesh needs to invest more in education to transform the rising working-age population into a productive source of skilled workers. Seizing this opportunity would help the country meet its goal of becoming a middle-income country by 2021.

IMPACT

a more efficient, equitable, and higher quality secondary education system (National Education Policy 2010, Secondary Education Sector Roadmap 2013-2023).

CONSULTING SERVICES

Indicative Procurement Plan was prepared. It includes several QCBS packages.

PROCUREMENT

Indicative Procurement Plan was prepared. It includes several ICB packages.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Loan 3320-BAN: Secondary Education Sector Investment Program - Tranche 2
Concessional ordinary capital resources / Asian Development Fund US$ 185.00 million

Loan: Secondary Education Sector Investment Program - Tranche 2
World Bank US$ 265.00 million

Export-Import Bank of Korea US$ 58.00 million


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

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

CONTACTS

Responsible ADB Officer Rahman, S.M. Ebadur
Responsible ADB Department South Asia Department
Responsible ADB Division Bangladesh Resident Mission
Executing Agencies
Ministry of Education
Shikkha Bhaban, 16 Abdul Ghani Road
Dhaka-1000
Bangladesh

How it works

How it works