ADB approves $70mn loan to Cambodia for education reforms | {Azad Times}
ADB approves $70mn loan to Cambodia for education reforms | {Azad Times}

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ADB approves $70mn loan to Cambodia for education reforms

ADB approves $70mn loan to Cambodia for education reforms
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Manila: The Manila-based Asian Development Bank (ADB) on Monday announced that it has approved a $70 million loan to Cambodia to support government efforts to deepen reforms in upper secondary science, technology, engineering, and mathematics (STEM) education across the country.

In a statement, the lender said that Science and Technology Project in Upper Secondary Education will help Cambodia develop high-quality human resources, especially in the STEM field, as the country aspires to transform its economy to a technology-driven and knowledge-based economy, reports Xinhua news agency.

“Given the significant STEM skills gap, the project will help to strengthen Cambodia’s education system by upgrading its traditional STEM education to keep up with the growing demand for a highly qualified labour force,” said Lynnette Perez, the ADB’s principal education specialist for Southeast Asia.

“This will be instrumental for Cambodia to integrate 21st-century skills, knowledge, and competencies into its STEM education. This would improve student proficiency in critical thinking, problem-solving, creativity, and collaboration, all of which are needed for a knowledge-based economy,” she added.

The project will put in place standards for quality education for all upper secondary schools, upgrade facilities, and provide essential education technology and STEM equipment in Cambodia, the statement said.

Among the project’s plans will be to upgrade the facilities of 14 upper secondary network schools and 103 general upper secondary schools, by converting three classrooms in each into two science classrooms and one library with equipment, teaching materials, books, furnishing, and needed education technology resources, it added.

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