USD 69.84
EUR 78.88
RUB 1.05

ADB to allocate grant of $30 mln to KR for technical and vocational education

The Board of Directors of the Asian Development Bank (ADB) has approved grants of $ 30 million to assist Kyrgyzstan in strengthening technical and vocational education and training, the press service of the bank’s representative office in the Kyrgyz Republic reported.

The assistance consists of a $ 12 million program grant to support major policy reforms and $ 18 million project grant to fund the investments needed to implement reforms on the ground. Both grants are financed from the Asian Development Fund.

The workers of Kyrgyzstan and the economy of the country as a whole will benefit from having a highly qualified workforce. ADB confirms its willingness to work with the government to make education a priority driving force for growth, including supporting the creation of centers of excellence for the development of demand-based skills.

Leading Education Specialist of the Central and West Asia Department of ADB Yuko Sarvi

The program provides for increasing the number of students through the Skills Development Fund to five thousand or more people, improving the quality of teaching and learning environment through the upgrading of the skills and competence of three thousand teachers and masters of training and four thousand students and students of priority occupations.

In addition, it will support training in the workplace, the introduction of entrepreneurship education and the introduction of effective partnerships between industries and educational institutions.