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The Asian Development Bank approved a $130 million additional loan to expand access to education in Mongolia. The second additional financing for an ongoing project will support construction and expansion at 33 schools and kindergartens, teaching materials and education management systems.
ADB said the facilities will include 12 sites in Ulaanbaatar and 21 in rural areas, serving an additional 11,000 students and preschoolers. The package also includes 50 interactive digital textbooks for primary education, materials for children with disabilities and an upgrade to the education management information system. ADB’s financing comprises a $63 million regular loan and a $67 million concessional loan; the government will contribute $34 million.
