EUR 205mn prog to strengthen Bangladesh’s edu sector
UNB: The European Union (EU) on Tuesday confirmed its continued commitment to Bangladesh for the development of the country’s education sector with the launch of the Human Capital Development Programme 2021 (HCDP-21).
This EU-funded programme aims to provide improved quality education and training to Bangladesh’s young population.
It will promote the implementation of long-term sustainable education policies towards a lifelong learning approach, bringing together primary education and TVET.
Overall, HCDP-21 supports Bangladesh to progress towards the achievement of the 2030 Agenda and the Sustainable Development Goals, in particular the Goal 4 on quality education.
ERD Secretary Monowar Ahmed said the government of Bangladesh acknowledges the longstanding support of the EU in a sector as crucial as education.
“We’re looking forward to further strengthening our solid partnership with one of our key donors in Bangladesh and together making an important contribution to reaching the SDGs by 2030,” he said.
EU Ambassador to Bangladesh Rensje Teerink said continued investment in quality primary education and establishment of a sustainable TVET system is critical to enhance employment opportunities, to use the potential of demographic dividend and contribute significantly to inclusive growth and poverty reduction with a working population anticipated to increase by 21 million people over the next decade.
The EU contribution is meant to support Education policy improvement and system strengthening with a specific focus on primary education and TVET, she said.
Bangladesh has made commendable progress over the past decades in human development, including in the education sector, with near universal access to primary education and gender equity at the primary and secondary education levels, said the EU Embassy in Dhaka.
Basic education and a skilled and capable workforce are a precondition to inclusive growth, key for Bangladesh to become a middle-income country.
The new EU Education programme operates through a budget support modality based on sector performance indicators, with a total amount of EUR 205 million (EUR 150 million for primary education, EUR 50 million for TVET and EUR 5 million for complementary Technical Assistance) to be implemented in the next four years.