The Barbados-based Caribbean Development Bank (CDB) has agreed to make available to Grenada a soft loan of US$15 million and a grant of US$500,000 to help further develop its education sector.
According to Minister of Education, Anthony Boatswain the funds will be used for the expansion and rehabilitation of six secondary schools, the provision of technical assistance to improve the efficiency of the operation of the educational sector and the provision of technical assistance to undertake the final design and costing for the rebuilding of the St David’s Catholic Secondary School (SDCSS), the Grenada Christian Academy and the relocation and rebuilding of the St Andrew Anglican Primary School.
Speaking to reporters at the weekly post-Cabinet Press Briefing held on Tuesday at the Ministerial Complex, the Minister said the first school that will be rehabilitated is the Bishop’s College in Carriacou.
He announced that CDB has also agreed to provide assistance to have the school temporary relocated during the construction phase.
“The proposed rehabilitation work will comprise of the construction of one 5040 square foot two story block to provide a multi science lap, a classroom, principal’s office, secretarial space, a staff room and a sickbay (b) the repair of the balconies of the original building and the renovation of over 8960 square feet of the original building to include seven classrooms, an information lab, a staff room and the convergence of the principal’s office to a counselor’s room,” he said.
Other schools listed for assistance under the CDB soft loan are, J.W Fletcher Secondary School, St Joseph’s Convent, St George’s, St Joseph’s Convent, St Andrew and Grenada Seventh Day Comprehensive.
Minister Boatswain said the funds will also be used for Institutional Strengthening and capacity building within the Ministry of Education, training and continuing personal development of teachers and principals, as well as facilitate the construction of a cluster for technical and vocational training and for science and the establishment of an educational management system.
The loan is being provided by CDB to Grenada at an interest rate of 2.7%.