ADB to give Bangladesh US$ 540 million for human resource development

Staff Correspondent

10th December, 2019 06:32:06 printer

ADB to give Bangladesh US$ 540 million for human resource development

The Asian Development Bank (ADB) will give US$ 540 million as concessional loans for skilled human resource development in tertiary education sector of Bangladesh.

Sungsup Roy, director of Human and Social Development Division of ADB, came up with the information when a-six member ADB delegation led by him called on University Grants Commission (UGC) chairman Prof Dr Kazi Shahidullah at the commission office in the capital on Tuesday.

Roy said, "ADB will give US$ 100 million for improving computer and software engineering,  US$ 150 million for advanced agriculture, US$ 190 million for digital university development and US$ 100 million for innovations in garment and textile.”

He also said UGC’s supervision role is very much important in handling these projects. "For this, DPP needs to be finalised soon. A strong leadership and necessary support from UGC are essential to push the ADB initiatives,” he added.

Prof Shahidullah said successful implementation of the project will play a significant role in human resource development, employment generation, ICT capacity building at the universities.

He said tertiary education is rapidly expanding in our country. "All the projects (ADB) are encouraging. It will certainly develop quality of education in tertiary level and enhance capacity building."

UGC Members Prof Dr Dil Afroza Begum, Prof Dr Md Sazzad Hossain, Prof Dr Muhammed Alamgir Hossain and divisional heads of UGC were present during the meeting.