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- National Universities Rehabilitation and Modernization Project
National Universities Rehabilitation and Modernization Project
Bolivia
| Borrower | Bolivia |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Education |
| Approved | 20.12.2005 |
| Signed | 11.05.2006 |
| Status | Completed |
| Loan Administrator | OPEC Fund |
| Executing Agency | The System of the Bolivian Universities (SUB) |
| Co-financiers | GOB (Universities) |
| OPEC Fund Contribution (US$m) | 10.70 |
| Total Project Cost (US$m) | 22.57 |
Under the project, infrastructure and equipment will be rehabilitated and modernized at nine national universities located in the Departments of Santa Cruz, El Beni, Tarija, Potosí, La Paz, Chuquisaca, Pando, Cochabamba and Oruro. Works will be carried out based on each institution’s specific needs.
In all, some 240,000 students and 7,400 lecturers are expected to benefit from the project. In addition, as some of the universities will be offering on-line services such as virtual libraries and distance learning facilities, remote communities will also be able to enjoy the benefits of higher learning. On completion, the enhanced facilities will enable universities to better accommodate rising enrolment levels.