Export Competitiveness for Jobs (WB-P156113)

Regions
  • South Asia
Where the impacts of the investment may be experienced.
Countries
  • Bangladesh
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jun 1, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
People's Republic of Bangladesh
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 119.12 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Jul 7, 2018

Disclosed by Bank Feb 10, 2017


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Project Description

According to WB website, the project aims to contribute to export diversification and more and better jobs in targeted sectors. The project comprises of four components. The components of the project are: 

Component 1. Market access support program will address critical constraints for the private sector to access international markets and integrate in global value chain (GVCs).

Component 2. Productivity enhancement program will address two sets of constraints related to productivity improvements in the targeted sectors: (a) a shortage of relevant skills, and (b) use of inferior technology by firms, which both impede product quality, innovation, and ESQ compliance.

Component 3. Public investment facility for infrastructure constraints will finance technical assistance (TA), equipment, and works.

Component 4. Project implementation, monitoring, and evaluation (M and E) will finance equipment, operating expenses, training, and consulting services of the project implementation unit (PIU).  

Investment Description
  • World Bank (WB)
Contact Information

Team Leader: Michael Olavi Engman

Senior Economist, World Bank

No contact information provided at the time of disclosure. 

 

Team Leader: Hosna Ferdous Sumi

Private Sector Specialist, World Bank

No contact information provided at the time of disclosure. 

 

Borrower: People's Republic of Bangladesh

Mahmuda Begum, Additional Secretary

Email Address: ajahangi007@yahoo.com

 

Implementing Agency: Ministry of Commerce

Munshi Shafiul Haque, Additional Secretary

Email Address: haquems60@gmail.com

 

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.