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- Operations
- Lanzhou Vocational Education Project
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.