Bangladesh : Building Capacity for Universal Pension Schemes (ADB-59115-001)

Countries
  • Bangladesh
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
May 9, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Bangladesh - Ministry of Finance
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.75 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 0.75 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Nov 11, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the proposed technical assistance (TA) will help the government prepare the project, including due diligence, safeguards, and technical assessments for the ensuing project. The TA will also help facilitate implementation of strengthening NPA's capacity for pension operation. Particularly, the TA will help develop NPA's key institutional design, plan, and strategy. It will include the development of NPA's functional design and organizational structure, an operational capacity building plan, a community strategy, and a human resource plan. The TA support will build a basis for major interventions by the ensuing project to comprehensively strengthen NPA's capacity for pension operation in Bangladesh. The TA will further help implement the ensuing project through supporting capacity building of the implementing agency in its project management, such as procurement and financial management, and safeguards issues.

The ensuing project will provide comprehensive support to the National Pension Authority (NPA) in developing and strengthening its capacity for the operation of universal pension schemes (UPS) in Bangladesh, including (i) institutional capacity, (ii) operational capacity, (iii) governance capacity, and (iv) human resource capacity, which are necessary for sustainable UPS. The indicative project impact is income security system for the population aging strengthened. The indicative outcome is effectiveness of UPS improved. The indicative outputs include: (i) NPA's institutional capacity developed, (ii) NPA's operational capacity strengthened, (iii) NPA's governance capacity for pension operation strengthened, and (iv) NPA's human resource capacity enhanced. The ensuing project is estimated to cost $100 million, with proposed funding from concessional ordinary capital resources.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

According to the Technical Assistance Report, the Risk Categories are:

Environment: Not Applicable
Involuntary Resettlement: Not Applicable
Indigenous Peoples: Not Applicable

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

The TA financing amount is $750,000, which will be financed on a grant basis by ADB’s Technical Assistance Special Fund 8 (TASF 8).

The government will provide counterpart support in the form of counterpart staff, assistance in arranging meetings with related agencies, and other in-kind contributions.


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Project Officer: Hiroko Uchimura-Shiroishi
Designation: Principal Social Sector Specialist - Asian Development Bank
Email: huchimura@adb.org

How it works

How it works