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On 5 May 2021 the World Bank’s Board of Executive Directors approved a USD 200 million project, “Ukraine Improving Higher Education for Results”, which will help boost the quality, efficiency and transparency of the Ukrainian higher education system.
The project will finance investments in the modernisation of teaching and research facilities and digital learning infrastructure of higher education institutions (HEIs) to ensure remote learning modalities in the post-covid-19 world. It will also support the development of modern digital infrastructure for distance learning and the creation of advanced teaching and research laboratories and learning support facilities.
The goal of the project is to increase the competitiveness of university graduates in the labor market by equipping them with the necessary skills for the current and future job market. Another objective of this project is to improve transparency of Ukraine’s education sector through modernisation of the Higher Education Management Information System and establishment of a National Student Survey and unified information system on competitive research funding of HEIs.
The project will be implemented over a five-year period by the Ministry of Education and Science of Ukraine. The procedures for signing of the relevant agreement between Ukraine and the International Bank for Reconstruction and Development (IBRD) as well as for shaping criteria for the selection of higher education institutions that will participate will be shortly held.