The Asian Development Bank (ADB) on Tuesday announced a 50 percent increase in financial support for its technical and vocational education and training (TVET) initiatives in Cambodia.
A recently approved $15 million loan from the French Development Agency will be managed by the ADB and partly used to upgrade nine provincial training centers, including workshops, dormitories and equipment, according to a statement.
Kimie Tanabe, a social sector economist at the ADB’s Southeast Asia department, said in the statement that the new funds would allow an additional 34,000 trainees to enroll in short courses and certification programs over a five-year period.
“This fresh assistance will also be used to promote improved TVET instructors’ technical capacity and management skills,” she added.
In 2014, the ADB approved $30 million in loans for training projects expected to run until 2021 and has focused on increasing access to training among disadvantaged groups such as young women and the poor.
Heng Sour, spokesman for the Labor Ministry, which has been helping to implement the training, said he welcomed the new loan.
“We need training courses to be more mobile, to reach more people, particularly in rural areas,” he said. “We also need to find more ways to support course attendees who are their family’s main income generator.”
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