Chile: World Bank Approves $75.7 Million For Lifelong Learning And Training Project

March 21, 2002

WASHINGTON, D.C., March 19, 2002—The World Bank today approved a $75.75

million loan to support Chile’s initiative to provide basic, secondary and technical

education and training programs to adults, especially unemployed youth and the

working poor. This program’s overall goal is to ensure that Chileans acquire

the skills and knowledge needed to meet the demands of a competitive, rapidly-changing


"Chile has made enormous progress in the last 10 years in improving the

quality and coverage of primary and secondary education, and now it is time

to focus more attention on those who have already left the school system,"

said Myrna Alexander, Director of the World Bank’s program in Argentina. "This

program will raise the standard of that education, by upgrading workers’ reading,

writing, problem-solving and analytical skills."

The Lifelong Learning and Training Project will concentrate on strengthening

the capacity of low-income and poor adults, by providing them with a range of

basic and secondary education and training opportunities, improving the quality

of technical education, and strengthening the institutions that deliver training


"Chile will benefit by having a more highly-skilled labor force that will

make the country more competitive in the global economy," said Juan Prawda,

World Bank Project Task Manager. "A more competitive labor force contributes

directly to reducing poverty."

The project will enable about 120,000 adults to complete and certify their

basic and/or secondary education. Another 142,000 technical secondary education

students and 65,000 technical tertiary education students will benefit as their

training facilities will improve, and 250,000 adults will gain access to distance-education

training modules. The project will support the training of 12,000 workers of

about 6,000 small and medium enterprises. In addition, the project will establish

a system of national competency framework in nine sectors of the Chilean economy.

This single-currency, fixed spread loan has a repayment period of 9.5 years,

including a grace period of 7.5 years. The project is expected to run from 2002

through to 2008.

For more information on the World Banks’ work in the Latin America and Caribbean

region, please visit: http//

Contact Person:

Christopher Neal (202) 473-7229

Alejandra Viveros (202)-473-4306