The provision of know-how in the form of personnel, training, research and associated costs, also referred to as technical assistance. It comprises donor-financed activities and services:
- Activities that augment the level of knowledge, skills, technical know-how or productive aptitudes of people in developing countries; and
- Services such as consultancies, technical support or the provision of know-how that contribute to the execution of a capital project.
There are two basic types of technical cooperation:
- Free-standing technical cooperation (FTC), which is the provision of resources aimed at the transfer of technical and managerial skills or of technology for the purpose of building up general national capacity without reference to the implementation of any specific investment projects.
- Investment-related technical cooperation (IRTC), which denotes the provision of technical services required for the implementation of specific investment projects.
Technical Cooperation may also include grants to nationals of aid recipient countries receiving education or training at home or abroad. [1] |
TECHNICAL COOPERATION