ADB Approved 70-Million-USD Loan To Cambodia For Education Reforms

 The Manila-based Asian Development Bank (ADB), approved a 70-million-U.S. dollar loan to Cambodia, to support government efforts, to deepen reforms in upper secondary science, technology, engineering, and mathematics (STEM) education across the country, the lender said, in a press statement today.

The 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.

“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 ADB principal education specialist for Southeast Asia, Lynnette Perez.

“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.– 

Source: NAM News Network