The aim of the financing is to help the educational institutes teach more market-relevant skills and create a competitive workforce for the country. The $100 million College Education Development Project will improve the education system of the government and non-government colleges affiliated with the National University, where around 1.6 million students are currently enrolled. A skilled and competent youth workforce will help Bangladesh attain middle-income country status by 2021, he added. “For sustaining Bangladesh’s remarkable progress in reducing poverty and accelerating economic growth, there is a strong demand for college graduates with job-specific technical skills,” said Kazi Shofiqul Azam, additional secretary, Economic Relations Division, Government of Bangladesh. Bangladesh is now focusing on improving the quality and relevance of college education systems to produce graduates with more market relevant skills and create a competitive workforce for higher level jobs, added Shofiqul.

Source: Dhaka Tribune September 08, 2016 18:33 UTC