Skills for Growth: Improving Education Opportunities and Competitiveness

The general objective of the project is to promote the development of skills for growth and competitiveness, focusing on English language, digital skills and skills for work. The specific objectives are to: (i) strengthen the quality of English language instruction; (ii) strengthen the educational system's ICT readiness and teachers' digital skills; and (iii) develop high-quality relevant TVET programs that respond to evolving needs of the labor market.

Project Detail

Country

Suriname

Project Number

SU-L1072

Approval Date

June 26, 2024

Project Status

Implementation

Project Type

Loan Operation

Sector

EDUCATION

Subsector

EDUCATION

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

ESP (Specific Investment Operation)

Facility Type

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 40,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 40,000,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
5892/OC-SU	Sovereign Guaranteed	USD - United States Dollar	Jan. 22, 2025	Nov. 8, 2024	Ordinary Capital	Flexible Financing Facility

Operation Number

5892/OC-SU

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Jan. 22, 2025
Signed Date: Nov. 8, 2024
Fund: Ordinary Capital
Financial Instrument: Flexible Financing Facility

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZIDB0000366-2056220512-9792

Loan Contract

Contract - SU-L1072 - Skills for Growth - Improving Education Opportunities and Competitiveness.pdf

Jan. 17, 2025

English

https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50329

Loan Contract

Skills for Growth. Improving Education Opportunities and Competitiveness.pdf

Sep. 09, 2024

English

https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50328

Loan Contract

Habilidades para el Crecimiento. Mejora de las Oportunidades de Educación y la Competitividad.pdf

Sep. 09, 2024

Spanish

https://www.iadb.org/document.cfm?id=EZIDB0000653-1832896821-74

Loan Proposal

Suriname. Loan proposal for the project _Skills for Growth. Improving Education Opportunities and Competitiveness”.pdf

Aug. 20, 2024

English

https://www.iadb.org/document.cfm?id=EZIDB0000653-1832896821-75

Loan Proposal

Suriname. Propuesta de prestamo individual para el proyecto _Habilidades para el Crecimiento. Mejora de las Oportunidades de Educacion y la.pdf

Aug. 20, 2024

Spanish