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Jun 14, 2021

KOICA aid US $8.6 M to set up polytechnic school

Foreign Affairs News Desk
Secretary at the MoEST Ram Prasad Thapaliya (right) and Country Director of KOICA Nepal Office Sunghoon Ko signed documents of Korean assistance worth of US $8.6 million grant to Nepal on behalf of Governments of Nepal and Korea respectively. Photo: KOICA
Secretary at the MoEST Ram Prasad Thapaliya (right) and Country Director of KOICA Nepal Office Sunghoon Ko signed documents of Korean assistance worth of US $8.6 million grant to Nepal on behalf of Governments of Nepal and Korea respectively. Photo: KOICA

Korean International Cooperation Agency(KOICA) will assist in establishing a polytechnic institute for construction workforce development in Province No. 2.

To implement the project, the Ministry of Education, Science and Technology (MoEST) and KOICA signed an agreement today- June 14 in a ceremony held virtually by Secretary at the MoEST Ram Prasad Thapaliya and Country Director of KOICA Nepal Office Sunghoon Ko on behalf of Governments of Nepal and Korea respectively.

The project estimated worth US $8.6 million will be granted by the Korean government through KOICA for the period of 7 years.

The project aims to produce qualitative workforces needed for domestic and global by aligning with the Technical and Vocational Education and Training (TVET) policy and 15th National Plan, will be implemented by KOICA and the CTEVT – at its polytechnic institute in Bardibas of Mahottari District.

The output of skilled workforces from the project might contribute to economic growth of Nepal it hopes.

KOICA hopes the new polytechnic institute will contribute a vital role to produce skill-human resources and will function as a technical hub conducting TVET. The project also aims to deliver various vocational training required for the development of the country.

Expressing happiness Secretary Thapaliya hoped that the project will produce skill and competent workforces needed in the construction industry and “thanked” KOICA for the continuous support to the Government of Nepal.

Country Director of KOICA Nepal Office Ko opined the project will contribute to the economic growth of Nepal through the development of skilled workforce in construction sector and increasing their employability.

“KOICA has been continuously supporting Nepal in various sectors including to fight against COVID-19 pandemic,” he informed.

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