PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

602009

Primary Business Area

Other

Disclosure Date

May 13, 2018

Country

Bangladesh

Region

South Asia

IFC Approval Date

May 24, 2017

Status

Completed

Estimated Total Budget

$3,885,278.00
(Project budget includes all project-funded activities)

Last Updated Date

Apr 11, 2024

Project Estimated Start Date

May 24, 2017

Project Estimated End Date

Jun 30, 2020

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.

Development Results

E&S Risks / Impacts and Mitigation