📋 Tender Overview
Project ID
P176549
Status
Active
Team Leader
Nusrat Babi , Amali Rajapaksa
Borrower 2
People's Republic of Bangladesh
Country
Bangladesh
Approval Date
(as of board presentation)
June 28, 2022
Total Project Cost 1
US$ 1045.95 million
Implementing Agency
Bangladesh Land Port Authority (BLPA),National Board of Revenue (NBR),Roads and Highways Division (RHD)
Region
South Asia
Fiscal Year 3
2022
Commitment Amount
US$ 753.45 million
Environmental Category
N/A
Last Update Date
January 4, 2024
Closing Date
June 30, 2028
Consultant Services required
TBD
Last Stage Reached
BANK APPROVED
Abstract*
The development objective of First Phase of the Accelerating Transport and Trade Connectivity in Eastern South Asia Project for Bangladesh is to increase the efficiency and resilience of trade and transport along selected regional corridors in eastern South Asia. This project has three components. 1) The first component, Digital Systems for Trade, aims to support the transformation of the cross-border clearance process through the provision of digital solutions and automation to manage the projected increase in trade. 2) The second component, Green and Resilient Transport and Trade Infrastructure, aims to support green and resilient transport and trade infrastructure development along the corridors that serve as the backbone of the physical and economic integration of eastern South Asia. 3) The third component, Institutional and Policy Strengthening for Transport and Trade, is anchored in the implementation of the World Trade Organization (WTO) Trade Facilitation Agreement (TFA), simplification and harmonization of customs procedures under the World Custom Organization (WCO) Revised Kyoto Convention, and national customs modernization plans.
Development Objective
The development objective is to increase the efficiency and resilience of trade and transport along selected corridors in Bangladesh
