Disclosable Restructuring Paper - College Education Development Project - P154577

The objectives of the College Education Development Project are to strengthen the strategic planning and management capacity of the college education subsector and to improve the teaching and learning environment of participating colleges. The restructuring including an extension of closing date by 18 months is necessary to achieve the PDOs. It will address the initial two-year stagnation of implementation progress which stemmed from unforeseeable level of weakness and staffing issue in the project leadership. The proposed restructuring would allow the project to continue the implementation of key interventions to achieve the PDOs and maintain the original end-of-project targets for all the PDO level indicators; the Mid-Term Review (MTR) conduced in January 13-17, 2019 has confirmed that (i) the project implementation progress has picked up significantly and (ii) PDOs and all the project activities continue to be highly relevant to the sector. The Government of Bangladesh has sent a request letter for restructuring dated on March 3, 2019 with justifications.