The European Investment Bank (EIB) will invest €65 million in the modernization of primary and secondary schools in Serbia to provide new digital equipment, connectivity, and capacity building training for 50 000 school teachers.
The investment from the EU bank will support Serbia’s national education strategy, upgrade digital capacities in Serbian schools, and contribute to economic and productivity growth, youth employability, and the advancement of the country’s innovative capacity.
Schools across Serbia will benefit from modern computer classroom equipment and wireless local area networks, and 50,000 teachers will be trained to improve their digital skills. The project is expected to create up to 700 new jobs.
This investment is part of the EIB’s Economic Resilience Initiative and will ensure equal and inclusive access to digital education for students in Serbia, creating equal education opportunities in rural and urban areas, and empowering young people with digital skills to prepare them for a competitive labour market.
The EIB will provide a significant level of technical support in aid of project preparation and implementation. To date, the EIB has invested €50 million in the modernization of Serbian schools, improving the quality of learning conditions for around 28,000 primary and secondary school children in over 200 education facilities in Serbia.
According to EIB, €200 million has been invested in reviving Serbia’s research and development sector, creating a long-term platform for scientific development in all major areas.