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The OPEC Fund
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  2. Lanzhou Vocational Education Project

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Lanzhou Vocational Education Project

China

Borrower China
Financing Type Public Sector
Instrument Project Loan
Focus Area Education
Approved 29.01.2021
Signed 24.05.2023
Status Ongoing
Loan Administrator OPEC Fund
Executing Agency GVTCCCC
Co-financiers Government of China
OPEC Fund Contribution (US$m) 20.00
Total Project Cost (US$m) 42.72

To construct the Lanzhou New District Campus of the Gansu Vocational and Technical College of Communication, which will include two new facilities; a 30,400 m2 seven-story multipurpose building and a vocational training center. This will provide young people with increased access to a high-quality and market-driven education and promote economic development in Lanzhou City and Gansu Province. The project is expected to benefit circa 12,000 students per year. 

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