|Document Type:||Reports and Recommendations of the President|
Report and recommendation of the President describing terms and conditions on a proposed multitranche financing facility (MFF) to The University of the South Pacific (USP) for the Higher Education in the Pacific Investment Program, for the approval of the Board of Directors of ADB.
The proposed investment program will support USP in expanding access to higher education in its 12 member Pacific island countries (PICs) by improving physical environments and learning programs. The investment program will include (i) expanding regional campuses and accommodation facilities in Kiribati, Solomon Islands, and Fiji; (ii) enhancing information and communication technology (ICT)-based distance learning programs; (iii) improving student services; and (iv) strengthening USP governance and management capacity. Improved access to quality higher education at USP will contribute to human resource and skills development in the Pacific and will promote inclusive growth enabled by higher productivity and diversification of the region's economy.