Project Details

Project Number LN4278-PAK
Project Name IMPROVING WORKFORCE READINESS IN PUNJAB PROJECT
Sector/Thematic Area None
Financing Agency AsDB
Modality C01
Description The proposed Improving Workforce Readiness in Punjab Project (IWRPP) is estimated to cost $110 million, of which the ADB will finance $100 million from ordinary capital resources (regular loan). The Government of Punjab will contribute in-kind assistance of $10 million. The IWRP Project will strengthen the technical and vocational education and training (TVET) sector's ability to support economic growth and job creation in priority economic sectors, including export-oriented sectors. The IWRP Project will expand use of competency-based training and assessment (CBTA), reform the TVET institutional framework, and develop TVET centers of excellence (COEs) and sector skills councils. It will also expand work-based training, strengthen of industry-TVET linkages, address the lack of female participation in TVET, expand entrepreneurship programs for TVET graduates, and introduce the private management of public TVET institutes.
Adaptation Finance (thousand USD) 2520.0
Mitigation Finance (thousand USD) 3930.0
Total Project Climate Financing Amount (thousand USD) 6450.0
Mitigation Objective Climate components
Adaptation Objective Climate components
Region Asia