Each extra year of schooling boosts hourly earnings by 9%

Accelerating and Strengthening Skills for Economic Transformation

Development Objective

The Project Development Objective is to equip Bangladeshi youth and workers, including women and the disadvantaged, with skills demanded for the future of work and improved employment prospects.

Key Details

Project Details

Project ID
P167506
Status
Active
Team Leader
Tashmina Rahman , Erisha Singh Suwal
Borrower 2
People's Republic of Bangladesh

Country
Bangladesh
Disclosure Date
February 3, 2020
Approval Date
(as of board presentation)
May 20, 2021
Effective Date
October 21, 2021

Total Project Cost 1
US$ 500.00 million
Implementing Agency
Technical and Madrasah Education Division of Ministry of Education
Region
South Asia
Fiscal Year 3
2021

Commitment Amount
US$ 300.00 million
Environmental Category
N/A
Environmental and Social Risk
Moderate
Closing Date
December 31, 2026

Consultant Services required
Yes
Last Stage Reached
Bank Approved
Last Update Date
June 11, 2024

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Environment and Natural Resource Management

FY17 - Climate change9%
- FY17 - Adaptation4%
- FY17 - Mitigation4%

FY17 - Human Development and Gender

FY17 - Disease Control17%
- FY17 - Pandemic Response17%
FY17 - Education63%
- FY17 - Access to Education28%
- FY17 - Education Facilities13%
- FY17 - Education Financing62%
- FY17 - Education Governance, School-Based Management62%
- FY17 - Student Assessment10%
- FY17 - Teachers60%
FY17 - Gender62%
FY17 - Labor Market Policy and Programs97%
- FY17 - Active Labor Market Programs42%
- FY17 - Skills Development97%

FY17 - Private Sector Development

FY17 - Enterprise Development42%
- FY17 - MSME Development42%
FY17 - Jobs63%
- FY17 - Job Creation63%
FY17 - Public Private Partnerships42%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	300.00
Borrower/Recipient	200.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	300.00
IBRD + IDA Commitment	300.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	500.00

Summary Status of World Bank Financing (US$ Millions) as of October 31, 2025

No data available.

Detailed Financial Activity as of October 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Jan 11, 2024	IDA-68740	Loan Disb	28,798.32
Nov 15, 2023	IDA-68740	Int Charges	26,088.15
Nov 15, 2023	IDA-68740	Int Charges	26,088.15
Nov 15, 2023	IDA-68740	Int Charges	97.18
May 13, 2024	IDA-68740	Loan Disb	65,954.55
Apr 8, 2024	IDA-68740	Loan Disb	59,679.84
May 15, 2024	IDA-68740	Int Charges	39,077.75
May 15, 2024	IDA-68740	Int Charges	105,384.84
May 15, 2024	IDA-68740	Int Charges	105,384.84
May 15, 2024	IDA-68740	Int Charges	175,641.40
Feb 20, 2024	IDA-68740	Loan Disb	64,871.66
May 20, 2021	IDA-68740	Loan Commitment	300,000,000.00
Apr 6, 2022	IDA-68740	Loan Disb	1,160,092.80
Nov 15, 2022	IDA-68740	Int Charges	4,170.34
Nov 15, 2022	IDA-68740	Int Charges	6,734.07
Nov 15, 2022	IDA-68740	Int Charges	903.57
Nov 15, 2022	IDA-68740	Int Charges	903.57
Nov 15, 2022	IDA-68740	Int Charges	1,505.96
Nov 15, 2022	IDA-68740	Int Charges	4,170.34
Aug 24, 2023	IDA-68740	Loan Disb	59,625.46
Aug 2, 2023	IDA-68740	Loan Disb	20,291.11
May 15, 2023	IDA-68740	Int Charges	220.93
Nov 15, 2023	IDA-68740	Int Charges	4,313.02
Nov 8, 2023	IDA-68740	Loan Disb	72,644.41
May 15, 2023	IDA-68740	Int Charges	4,254.92
May 15, 2023	IDA-68740	Int Charges	4,254.92
May 15, 2023	IDA-68740	Int Charges	6,993.20
Jul 6, 2023	IDA-68740	Loan Disb	2,452,830.20
Jun 5, 2023	IDA-68740	Loan Disb	21,626.31
Jun 5, 2023	IDA-68740	Loan Disb	4,005.82
Jun 5, 2023	IDA-68740	Loan Disb	92,419.25
Jun 5, 2023	IDA-68740	Loan Disb	8,931.82
Jun 5, 2023	IDA-68740	Loan Disb	42,311.19
Mar 18, 2024	IDA-68740	Loan Disb	28,737.19
Jun 10, 2024	IDA-68740	Loan Disb	34,119.71
Oct 16, 2023	IDA-68740	Loan Disb	23,891,402.00
Jul 25, 2024	IDA-68740	Loan Disb	109,623.14
Jan 11, 2024	IDA-68740	Loan Disb	42,211.13

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Project Management	Moderately Satisfactory	2025-06-06
Procurement	Moderately Satisfactory	2025-06-06
Monitoring and Evaluation	Moderately Satisfactory	2025-06-06
Financial Management	Moderately Satisfactory	2025-06-06
Progress towards achievement of PDO	Moderately Satisfactory	2025-06-06
Overall Implementation Progress (IP)	Moderately Satisfactory	2025-06-06
Counterpart Funding	Satisfactory	2025-06-06

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

PDO Indicator 1: Employment rates of graduates of project supported short courses	Value	Baseline to be established	n/a	Baseline+15% increment on baseline
	Date	July 1, 2021	April 23, 2024	December 31, 2026
	Comment

PDO Indicator 3: Total number of trained vulnerable women and disadvantaged people employed or self-employed Value 0.00 0.00 100000.00
Date July 1, 2021 April 23, 2024 December 31, 2026
Comment
PDO Indicator 4: Total number of trainees trained for skills needed for the future of work (of which female, %) Value 0.00 0.00 520000.00
Date July 1, 2021 February 28, 2024 December 31, 2026
Comment
Rate for female Value Baseline to be established n.a Baseline + 15% increment on baseline
Date July 1, 2021 April 23, 2024 December 31, 2026
Comment
% of Women Value 0.00 0.00 0.00
Date
Comment
% of Women Value 0.00 0.00 0.00
Date
Comment
Rate for PWD Value To be established n.a Baseline + 15% increment on baseline
Date July 1, 2021 April 23, 2024 December 31, 2026
Comment
% of PWD Value 0.00 0.00 0.00
Date
Comment
Rate for ethnic minority Value Baseline to be established n.a Baseline + 15% increment on baseline
Date July 1, 2021 April 23, 2024 December 31, 2026
Comment
% of ethnic minority Value 0.00 0.00 0.00
Date
Comment

PDO Indicator 2: Employer satisfaction level with the skills of graduates from project-supported diploma programs	Value	Baseline survey to be conducted	n.a	Baseline + 15% increment on baseline
	Date	July 1, 2021	April 23, 2024	December 31, 2026
	Comment

Sub-indicator 3.a: Total number of vulnerable women and disadvantaged people trained Value 0.00 0.00 150000.00
Date July 21, 2022 April 23, 2024 December 31, 2026
Comment
% of Women Value 0.00 0.00 0.00
Date
Comment
% of PWD Value 0.00 0.00 0.00
Date
Comment
% of ethnic minority Value 0.00 0.00 0.00
Date
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

12. Number of trainees/students of project supported courses registered digital job matching platforms Value 0.00 0.00 50000.00
Date July 1, 2021 April 23, 2024 December 31, 2026
Comment
% PWD Value 0.00 0.00 0.00
Date
Comment
5. Number of trainees trained through project-supported formal short courses (of which % female) Value 0.00 0.00 200000.00
Date July 1, 2021 April 23, 2024 December 31, 2026
Comment
13. Number of surveys/studies completed under the project Value 0.00 0.00 10.00
Date July 1, 2021 April 23, 2024 December 31, 2026
Comment
% ethnic minority Value 0.00 0.00 0.00
Date
Comment
8. Number of RPL participants assessed under the project Value 0.00 0.00 120000.00
Date July 1, 2020 April 23, 2024 December 31, 2026
Comment
% of female Value 0.00 0.00 30.00
Date January 1, 2021 April 23, 2024 June 30, 2026
Comment
% of PWD Value 0.00 0.00 2.00
Date July 1, 2021 April 23, 2024 December 31, 2026
Comment
% female Value 0.00 0.00 0.00
Date
Comment
Teachers recruited or trained Value 0.00 0.00 5000.00
Date July 1, 2021 April 23, 2024 December 31, 2026
Comment
Teachers recruited or trained - Female (RMS requirement) Value 0.00 0.00 0.00
Date
Comment
7. Number of trainees/workers trained through the project-supported enterprise-based training Value 0.00 0.00 240000.00
Date July 1, 2021 April 23, 2024 December 31, 2026
Comment
9. e-TVET platform for blended learning developed and functioning Value Not exist Not exist Functioning e-TVET platform for blended learning
Date July 1, 2021 April 23, 2024 December 31, 2026
Comment
Students benefiting from direct interventions to enhance learning Value 0.00 0.00 1000000.00
Date July 1, 2021 April 23, 2024 December 31, 2026
Comment
10. Number of competency standards developed through collaboration of participating agencies and ISCs Value 0.00 0.00 30.00
Date July 1, 2021 April 23, 2024 December 31, 2026
Comment
Students benefiting from direct interventions to enhance learning - Female Value 0.00 0.00 0.00
Date
Comment
% female Value 0.00 0.00 0.00
Date
Comment

Sub-Indicator 7.a. Number of trainees/workers trained through the inclusiveness window of the enterprise-based training programs	Value	0.00	0.00	120000.00
	Date	July 1, 2021	April 23, 2024	December 31, 2026
	Comment

11. Number of trainees/students received job offers/ commitments from employers through the project supported job fairs/placement seminars	Value	0.00	0.00	50000.00
	Date	July 1, 2021	April 23, 2024	December 31, 2026
	Comment

2.Number of diploma courses rolled out on online/blended learning platform Value 0.00 0.00 20.00
Date July 1, 2021 April 23, 2024 December 31, 2026
Comment
% female Value 0.00 0.00 0.00
Date
Comment
% female Value 0.00 0.00 0.00
Date
Comment
3. % of IDG activity milestones achieved Value 0.00 0.00 80.00
Date July 1, 2021 April 23, 2024 December 31, 2026
Comment

4. Number of MT/MA/Nursing trainees enrolled in project-supported IHT/MATS/Nursing institutions	Value	To be established based on the selection of target	to be determined	To be established as 75% of seat capacity of the s
	Date	July 1, 2021	April 23, 2024	December 31, 2026
	Comment

Rate for female	Value	Baseline to be established	n.a	Baseline + 15% increment on baseline
	Date	July 1, 2021	April 23, 2024	December 31, 2026
	Comment

Rate for PWD	Value	To be established	n.a	Baseline + 15% increment on baseline
	Date	July 1, 2021	April 23, 2024	December 31, 2026
	Comment

Rate for ethnic minority	Value	Baseline to be established	n.a	Baseline + 15% increment on baseline
	Date	July 1, 2021	April 23, 2024	December 31, 2026
	Comment

% of female	Value	0.00	0.00	30.00
	Date	January 1, 2021	April 23, 2024	June 30, 2026
	Comment

% of PWD	Value	0.00	0.00	2.00
	Date	July 1, 2021	April 23, 2024	December 31, 2026
	Comment

Teachers recruited or trained	Value	0.00	0.00	5000.00
	Date	July 1, 2021	April 23, 2024	December 31, 2026
	Comment

9. e-TVET platform for blended learning developed and functioning	Value	Not exist	Not exist	Functioning e-TVET platform for blended learning
	Date	July 1, 2021	April 23, 2024	December 31, 2026
	Comment

Accelerating and Strengthening Skills for Economic Transformation

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

Summary Status of World Bank Financing (US$ Millions) as of October 31, 2025

Detailed Financial Activity as of October 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS