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The OPEC Fund
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  2. Technological Education Development Programme

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Technological Education Development Programme

Sri Lanka

Borrower Sri Lanka
Financing Type Public Sector
Instrument Project Loan
Focus Area Education
Approved 12.12.2017
Signed 03.07.2018
Status Ongoing
Loan Administrator OPEC Fund
Executing Agency Ministry of Education of Sri Lanka
Co-financiers Government
OPEC Fund Contribution (US$m) 50.00
Total Project Cost (US$m) 60.70

To improve technology disciplines in 337 secondary schools by constructing new buildings and renovating existing ones; creating a maintenance fund; and, upgrading / purchasing equipment. A capacity-building component for teachers, education officers and curriculum developers is also planned. Circa 10,000 students per year will benefit from the program, as well as 1,600 administrators and teachers.

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