- Total program
- US$375M
- ADB Result Based Lending
- US$300M
- Government of Bangladesh
- US$75M
- New and existing workers to benefit
- 220,000
What SICIP sets out to do
- Increase the technology-oriented skilled workforce across emerging and priority sectors
- Promote inclusive skilling and upskilling for women and socially disadvantaged groups
- Encourage industry–university partnerships that build innovation capacity and competitiveness
- Foster skills for climate-resilient manufacturing and green technologies
Supported by US$300 million from the Asian Development Bank (ADB) Result Based Lending
facility, measured by Disbursement-Linked Indicators (DLIs), and US$75 million from GoB,
SICIP aligns with the Government of Bangladesh’s Skills Development Framework for Economic
Competitiveness 2023 and the Eighth Five Year Plan.
SICIP runs for six years, FY2024 to FY2029, and builds on the
Skills for Employment Investment Program (SEIP), which the Finance Division has run since 2014.
Emerging sectors
- Electronics
- Automotive
- Pharmaceutical
Priority sectors
- Textiles
- Garments
- and more: at least 10 sectors in all