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April 07, 2021 Wednesday 11:36:17 AM IST

Russia to Open 500 More Schools

The Russia Government has lauched a large scale programme to build 500 new schools to benefit 647,000 children by 2020. The programme will be carried out through a public-private partnershipo (PPP), with VEB.RF mandated to be the key partner of private-sector companies. The total project value is estimated at $7.6 billion, including $4 billion to be raised from private investors, VEB.RF Chairman Igor Shuvalov said. The programme is now part of the national education project started in Russia in May 2018. The project aims to ensure that Russian general education will rank by 2024 among the ten best in the world by its average PISA score and other metrics, including subjective well-being among teachers, quality of educational facilities and research results. The country is currently in 31st position in the PISA ranking, immediately below Latvia and above Italy.