Higher Education Acceleration and Transformation Project (WB-P168961)

Regions
  • South Asia
Where the impacts of the investment may be experienced.
Countries
  • Bangladesh
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
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.
Borrower
Government of People's Pepublic of Bangladesh, Islamic Republic of Afghanistan
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)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 200.00 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)
$ 300.00 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 @ WB website

Updated in EWS Jan 7, 2019

Disclosed by Bank Dec 4, 2018


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Project Description

According to bank documents, the project aims to enhance graduate employability, improve governance of higher education and establish a regional network of higher education institutions. The project will comprise of four components: Component 1: Transforming Higher Education in Bangladesh; Component 2: Strengthening Higher Education Management; Component 3: Establishing RegionalCollaboration to Promote Excellence in Women’s Education and Component 4: Enhancing Project Management, Results Monitoring and Communication.

Investment Description
  • World Bank (WB)
Contact Information
 
 

Monowar Ahmed, Senior Secretary
Government of People's Republic of Banglades
Email Address: secretary@erd.gov.bd

Islamic Republic of Afghanistan
Mohammad Humayon QayoumiMinister
Islamic Republic of Afganistan
Email Address: Tamas@mof.gov.af

Implementing Agency: Ministry of Education Bangladesh
Md. Sohorab Hossain, Secretary
Email Address: secretary@moedu.go.bd

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.