Project Description
Sector Competitiveness Advisory for Bangladesh is an advisory project of the World Bank Group which seeks to address key constraints hindering export competitiveness. It aims to address coordinated policy support, reduce regulatory bottlenecks, strengthen support institutions and facilitate export and investment. The project will also pay particular attention to inclusiveness through ensuring that women and small enterprises participate in, and benefit from, the improvements in sector competitiveness.
The project will be implemented through three components as summarized below:
1. Component 1: Strategic export Roadmap Development
1.1. Support MoC to develop comprehensive export roadmaps.
1.2. Support the establishment and strengthening of sector-specific PPD mechanisms.
2. Component 2: Facilitate investment in sectors
2.1. Support reforms to facilitate investments in priority sectors.
2.2. Improv sector-specific investment promotional efforts.
3. Component 3: Facilitate Market Access
3.1. Support to develop sector specific compliance guidelines;
3.2 Support to develop standards and testing parameters for certain export potential products; and
3.3. Faciliate supports for market access.