Where the impacts of the investment may be experienced.
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
- Asian Development Bank (ADB)
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.
Board Decision Date: 2015-09-25
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 or Client: Lao People's Democratic Republic, Ministry of Education and Sports
The holder of the loan, grant, or other investment.
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s): Advisory Services
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.
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Second Technical and Vocational Education Development
According to ADB website, the TA will assist the government to prepare a project eligible for ADB financing in line with government policy and strategies and ADB requirements in terms of technical, financial, economic, institutional, sector policy, and safeguard dimensions, and to provide capacity development and other support to ensure a rapid start-up of the implementation. The design will support the Ministry of Education and Sports (MOES) to establish a format for the school development plans (SDP) to be prepared by school management in close collaboration with companies or community members, and procedures for the stipend scheme to support students from low income families. Given the range of interventions proposed, the project will also require considerable consultation with MOES and stakeholder groups such as employers, business associations, and communities to ensure that investments will be in line with the current and future demand for technical and vocational skills.
This project is associated to a closed project (ADB-42278-012: Strengthening Technical Vocational Education and Training Project).
- Asian Development Bank (ADB)
Project Officer: Kubitzki, Wolfgang G.
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
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