The general objective of the program is to improve the physical conditions of education infrastructure, the learning environments, and the internal efficiency of beneficiary primary and secondary schools by providing infrastructure to schools that currently lack it. To this end, direct financing will be provided to build and equip school infrastructure through a public works development trust. The specific objectives are: (i) to promote the gradual consolidation of a high-quality physical and technological platform to support the transformation of the teaching/learning process; (ii) to reduce the education infrastructure deficit; and (iii) to implement an alternative financing mechanism to address the demand for education infrastructure in a more flexible and timely manner, through long-term financing instruments.
|Project Type||Loan Operation|
|Environmental and Social Impact Category||B|
|Approval Date||NOV 1, 2012|
|Contract Signature Date||JAN 27, 2014|
|IDB Financing *||167.52|
|Total Cost H||USD 167,000,000|
|Reporting currency||USD - United States Dollar|
|Reporting Date||JUN 30, 2016|
|Undisbursed Amount H||USD 152,394,234|
|Disbursed to Date R||USD 15,130,000|
|Amount Outstanding R||USD 15,130,000|
|Income Collected R||USD 1,139,483|
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