📋 Tender Overview
Source of Funding / Amount: Loan 4041-uzb: skills development for a modern economy project
Ordinary capital resources: US$ 93.00 million
The growth of uzbekistans economy has not led to commensurate job creation. Annually more than 600,000 graduates from colleges and academic lyceums are entering labor market, while the annual increase in jobs is only about 200,000 -300,000. Very recent economic downturn was accompanied with significant flow of returning migrants (300,000-400,000) from 2015 to 2017, adding pressure to the labor market. Unemployment rate was reported at 9. 3% in 2018, and even higher at 17% for people aged 16-25 years. The proposed project will support the government to expand and upgrade reskilling service to the unemployed through selected professional training centers (ptcs), modernize skills development in selected tvet colleges (tvetcs), and promote performance-based partnerships with the industries including private sector. The overarching priority is to ensure market-driven skills learnt by students and jobseekers. The proposed project will be fully aligned with the countrys action strategy for the five priority areas (2017- 2021), strategy on innovative development (2019 -2021), and the education sector plan (2019 -2023), and with the adbs country partnership strategy (2019-2023) and country operations business plan (2019-2021).
Adb will build on past collaborations in skills development sectors. Adbs value addition will be: (i) improving the quality of skills development through competency-based training (cbt) in selected priority sectors; (ii) financing the upgradation of selected ptcs and tvetcs to meet international standards; (iii) strengthening labor market monitoring and analysis for evidence-based skills development planning; and (iv) enabling industrial partnership (including with the private sector) in skills development.
Employment level of the population, particularly for youth, increased (uzbekistan action strategy for five priority areas)
Market-relevant skills learned by students and job seekers
Employment and workforce development services improvedquality and relevance of skills development enhancedsector governance and management strengthened
Sector / Subsector: Education / technical and vocational education and training
Approval 11 Dec 2020
