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- Technical and Technological Education Strengthening Project
Technical and Technological Education Strengthening Project
Colombia
| Borrower | Colombia |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Education |
| Approved | 20.12.2005 |
| Signed | 12.05.2006 |
| Status | Completed |
| Loan Administrator | OPEC Fund |
| Executing Agency | The Ministry of National Education (MEN) |
| Co-financiers | CAF, GOC |
| OPEC Fund Contribution (US$m) | 10.00 |
| Total Project Cost (US$m) | 35.00 |
Specific objectives of the project are to create at least 40 local or regional Education Alliances – comprising authorities of higher education and secondary schools and representatives from industry, the private sector and local communities, as well as members of Colombia’s National Learning Service. These Alliances will identify weaknesses in technical and technological programs across all forms of higher education, and submit financing proposals for sub-projects relating to specific areas such as curricula re-design, teacher training, rehabilitating and upgrading educational infrastructure and equipping libraries. These would then be reviewed by a Quality Improvement Investment Fund. Capacity-building and institution-strengthening components will also be implemented.