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$6.0m Swiss aid for Skills Dev Project of government

Thursday, 13 November 2008


FE Report
The Swiss Agency for Development and Cooperation SDC will provide US$ 6.0 million in two phases within 2008-2013 for the Skills Development Project of the government of Bangladesh.
The project will provide support to strengthen the Technical Vocational Education and Training (TVET) system in Bangladesh, according to SDC.
An agreement for the first phase (2008-2011) for a contribution of US$ 3.6 was signed by the Economic Relations Division (ERD) Secretary M Musharraf Hossain Bhuiyan and Ambassador of Switzerland Dora Rapold at the ERD conference room in the city Wednesday.
The objective of the project is to build up skilled and semi skilled human resources for economic and social development.
The project will be implemented in urban and rural areas of four divisions -- Dhaka, Chittagong, Rajshahi and Khulna -- in partnership with industries and non-government agencies such as specialised skills training providers.
The project is financed by the Government of Bangladesh, SDC and the Asian Development Bank (ADB) and will be implemented by the Directorate of Technical Education under the Ministry of Education of Bangladesh.
SDC, the international development agency of the Swiss Government, is currently focusing on two priority areas in Bangladesh - employment and income generation and local governance, with an annual budget of around US$ 20 million.