BD Private Sector Development

Abstract*

The objective of the Private Sector Development Support Project for Bangladesh is to facilitate investment in growth centers in the emerging manufacturing and services sectors of the economy with the aim of generating employment. This project has 3 components. Component 1 will build the capacity of government institutions involved in the development of economic zones through technical assistance and targeted capacity building. Component 2 provides... Show More

Development Objective

Facilitate private investment and job creation and promote compliance with international quality standards, building codes, and good social and environmental practices in economic zones supported by PSDSP.

Key Details

Project Details

Project ID
P120843
Status
Closed
Team Leader
Andres Garcia
Borrower 2
The People’s Republic of Bangladesh

Country
Bangladesh
Disclosure Date
May 6, 2010
Approval Date
(as of board presentation)
March 1, 2011
Effective Date
July 8, 2011

Total Project Cost 1
US$ 57.41 million
Implementing Agency
Bangladesh Export Processing Zones Authority (BEPZA),Bangladesh Economic Zones Authority (BEZA),Bangladesh High-Tech Park Authority (BHTPA)
Region
South Asia
Fiscal Year 3
2011

Commitment Amount
US$ 57.41 million
Environmental Category
A
Last Update Date
January 16, 2023
Closing Date
February 28, 2021

Last Stage Reached
BANK APPROVED

Associated Projects
P156242

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Economic Policy

FY17 - Trade30%
- FY17 - Trade Facilitation30%

FY17 - Finance

FY17 - Financial Infrastructure and Access4%
- FY17 - MSME Finance4%

FY17 - Private Sector Development

FY17 - Business Enabling Environment33%
- FY17 - Investment and Business Climate33%
FY17 - Enterprise Development4%
- FY17 - MSME Development4%
FY17 - Jobs10%
- FY17 - Job Creation10%
FY17 - Public Private Partnerships10%

FY17 - Urban and Rural Development

FY17 - Rural Development10%
- FY17 - Rural Infrastructure and service delivery10%
FY17 - Urban Development10%
- FY17 - Urban Infrastructure and Service Delivery10%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	40.00
UK: British Department for International Development (DFID)	17.41

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	40.00
IBRD + IDA Commitment	40.00

Lending Instrument
Grant Amount	17.41
Total Project Cost**	57.41

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

No data available.

Detailed Financial Activity as of February 28, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Sep 1, 2018	IDA-57690	Int Charges	93,903.22
Sep 1, 2018	IDA-57690	Int Charges	93,903.22
Sep 1, 2018	IDA-48660	Int Charges	1,927.11
Sep 1, 2018	IDA-48660	Int Charges	1,927.11
Sep 1, 2018	IDA-48660	Int Charges	140,305.34
Sep 1, 2018	IDA-48660	Int Charges	140,305.34
Aug 20, 2018	IDA-57690	Loan Disb	9,839,379.00
Sep 24, 2018	IDA-57690	Loan Disb	14,667,877.00
Dec 13, 2017	IDA-57690	Loan Disb	1,936,040.50
Sep 26, 2017	IDA-48660	Loan Cancel	2,366.66
Mar 1, 2018	IDA-57690	Int Charges	418.50
Mar 1, 2018	IDA-57690	Int Charges	418.50
Mar 5, 2020	IDA-57690	Loan Disb	2,685,796.50
Jan 8, 2020	IDA-57690	Loan Disb	2,497,577.00
Mar 1, 2020	IDA-48660	Int Charges	1,982.58
Mar 1, 2020	IDA-48660	Int Charges	1,982.58
Mar 1, 2020	IDA-48660	Int Charges	135,508.44
Mar 1, 2020	IDA-48660	Int Charges	135,508.44
Mar 1, 2020	IDA-57690	Int Charges	3,456.46
Mar 1, 2020	IDA-57690	Int Charges	3,456.46
Mar 1, 2020	IDA-57690	Int Charges	309,126.70
Mar 1, 2020	IDA-57690	Int Charges	309,126.70
Sep 1, 2019	IDA-48660	Int Charges	362.51
Sep 1, 2019	IDA-48660	Int Charges	362.51
Sep 1, 2019	IDA-57690	Int Charges	499.38
Sep 1, 2019	IDA-57690	Int Charges	499.38
Sep 1, 2019	IDA-57690	Int Charges	238,975.50
Sep 1, 2019	IDA-57690	Int Charges	238,975.50
Sep 1, 2019	IDA-48660	Int Charges	136,996.42
Sep 1, 2019	IDA-48660	Int Charges	136,996.42
Jun 27, 2019	IDA-57690	Loan Disb	26,474,314.00
Mar 1, 2019	IDA-48660	Int Charges	138,718.34
Mar 1, 2019	IDA-48660	Int Charges	138,718.34
Mar 1, 2019	IDA-57690	Int Charges	1,909.48
Mar 1, 2019	IDA-57690	Int Charges	1,909.48
Mar 1, 2019	IDA-57690	Int Charges	189,905.90
Mar 1, 2019	IDA-57690	Int Charges	189,905.90
Mar 1, 2019	IDA-48660	Int Charges	525.73
Mar 1, 2019	IDA-48660	Int Charges	525.73
May 15, 2019	IDA-57690	Loan Disb	4,819,640.50
Sep 6, 2021	IDA-57690	Loan Disb	-2,772,338.20
Sep 6, 2021	IDA-57690	Loan Cancel	4,032,599.00
Sep 1, 2021	IDA-57690	Int Charges	496,782.44
Sep 1, 2021	IDA-57690	Int Charges	496,782.44
Sep 1, 2021	IDA-57690	Int Charges	1,251.11
Sep 1, 2021	IDA-57690	Int Charges	1,251.11
Sep 1, 2021	IDA-48660	Loan Repay	379,613.22
Sep 1, 2021	IDA-48660	Int Charges	142,492.94
Sep 1, 2021	IDA-48660	Int Charges	142,492.94
Sep 1, 2021	IDA-48660	Loan Repay	368.05
Dec 10, 2020	IDA-57690	Loan Disb	9,614,338.00
Mar 1, 2021	IDA-48660	Int Charges	4,695.56
Mar 1, 2021	IDA-48660	Int Charges	4,695.56
Mar 1, 2021	IDA-48660	Int Charges	143,841.55
Mar 1, 2021	IDA-48660	Int Charges	143,841.55
Mar 1, 2021	IDA-57690	Int Charges	24,321.96
Mar 1, 2021	IDA-57690	Int Charges	24,321.96
Mar 1, 2021	IDA-57690	Int Charges	480,591.90
Sep 1, 2013	IDA-48660	Int Charges	532.36
Sep 1, 2013	IDA-48660	Int Charges	532.36
Dec 4, 2014	IDA-48660	Loan Disb	2,233,059.20
Sep 1, 2014	IDA-48660	Int Charges	44,201.88
Sep 1, 2014	IDA-48660	Int Charges	44,201.88
Mar 1, 2015	IDA-48660	Int Charges	954.13
Mar 1, 2015	IDA-48660	Int Charges	954.13
Mar 1, 2015	IDA-48660	Int Charges	56,837.30
Mar 1, 2015	IDA-48660	Int Charges	56,837.30
Dec 18, 2014	IDA-48660	Loan Disb	4,144,037.00
May 28, 2014	IDA-48660	Loan Disb	3,875,890.00
Mar 12, 2014	IDA-48660	Loan Disb	1,927,426.10
Jan 15, 2014	IDA-48660	Loan Disb	4,255,890.00
Mar 1, 2014	IDA-48660	Int Charges	78.90
Mar 1, 2014	IDA-48660	Int Charges	78.90
Mar 1, 2014	IDA-48660	Int Charges	14,558.82
Mar 1, 2014	IDA-48660	Int Charges	14,558.82
Sep 1, 2013	IDA-48660	Int Charges	8,341.40
Sep 1, 2013	IDA-48660	Int Charges	8,341.40
Mar 1, 2016	IDA-48660	Int Charges	321.70
Mar 1, 2016	IDA-48660	Int Charges	321.70
Sep 15, 2015	IDA-48660	Loan Disb	5,086,485.50
Dec 10, 2015	IDA-48660	Loan Disb	1,612,447.10
Sep 1, 2015	IDA-48660	Int Charges	1,700.82
Sep 1, 2015	IDA-48660	Int Charges	1,700.82
Sep 1, 2015	IDA-48660	Int Charges	78,910.19
Sep 1, 2015	IDA-48660	Int Charges	78,910.19
Jun 1, 2015	IDA-48660	Loan Disb	5,267,359.00
Mar 1, 2017	IDA-48660	Int Charges	52.85
Mar 1, 2017	IDA-48660	Int Charges	52.85
Mar 1, 2017	IDA-57690	Int Charges	2,494.31
Mar 1, 2017	IDA-57690	Int Charges	2,494.31
Mar 1, 2017	IDA-48660	Int Charges	134,542.95
Sep 1, 2014	IDA-48660	Int Charges	4,105.09
Sep 1, 2014	IDA-48660	Int Charges	4,105.09
Sep 1, 2016	IDA-48660	Int Charges	286.14
Sep 1, 2016	IDA-48660	Int Charges	286.14
Sep 1, 2016	IDA-48660	Int Charges	136,278.17
Sep 1, 2016	IDA-48660	Int Charges	136,278.17
Dec 12, 2016	IDA-57690	Loan Disb	1,522,842.60
Apr 27, 2016	IDA-48660	Loan Disb	-34.99
Apr 27, 2016	IDA-48660	Loan Disb	34.99
Mar 24, 2016	IDA-48660	Loan Disb	6,568,798.00
Mar 1, 2016	IDA-48660	Int Charges	109,230.59
Mar 1, 2016	IDA-48660	Int Charges	109,230.59
Feb 14, 2018	IDA-57690	Loan Disb	5,430,031.50
Mar 1, 2018	IDA-57690	Int Charges	60,898.31
Mar 1, 2018	IDA-57690	Int Charges	60,898.31
Aug 23, 2017	IDA-48660	Loan Disb	-885.76
Mar 1, 2018	IDA-48660	Int Charges	2,657.39
Mar 1, 2018	IDA-48660	Int Charges	2,657.39
Mar 1, 2018	IDA-48660	Int Charges	142,546.06
Mar 1, 2018	IDA-48660	Int Charges	142,546.06
Sep 7, 2017	IDA-57690	Loan Disb	2,825,200.20
Sep 1, 2017	IDA-57690	Int Charges	8.06
Sep 1, 2017	IDA-57690	Int Charges	8.06
Sep 1, 2017	IDA-48660	Int Charges	139,299.53
Sep 1, 2017	IDA-48660	Int Charges	139,299.53
Sep 1, 2017	IDA-57690	Int Charges	21,998.46
Sep 1, 2017	IDA-57690	Int Charges	21,998.46
Sep 1, 2017	IDA-48660	Int Charges	434.64
Sep 1, 2017	IDA-48660	Int Charges	434.64
Jul 31, 2017	IDA-48660	Loan Disb	398,975.78
Jul 31, 2017	IDA-48660	Loan Disb	-398,975.78
Sep 1, 2022	IDA-48660	Int Charges	127,738.62
Sep 1, 2022	IDA-57690	Int Charges	446,066.62
Sep 1, 2022	IDA-57690	Int Charges	446,066.62
Sep 1, 2022	IDA-57690	Loan Repay	1,662.71
Sep 1, 2022	IDA-57690	Loan Repay	1,856,948.20
Sep 1, 2022	IDA-48660	Int Charges	127,738.62
Mar 1, 2022	IDA-48660	Loan Repay	253.30
Mar 1, 2022	IDA-48660	Loan Repay	372,118.94
Mar 1, 2022	IDA-48660	Int Charges	138,243.20
Mar 1, 2022	IDA-48660	Int Charges	138,243.20
Mar 1, 2022	IDA-57690	Int Charges	477,914.03
Mar 1, 2022	IDA-57690	Int Charges	477,914.03
Mar 1, 2022	IDA-57690	Int Charges	241.44
Mar 1, 2022	IDA-57690	Int Charges	241.44
Apr 5, 2016	IDA-57690	Loan Commitment	130,000,000.00
Mar 1, 2011	IDA-48660	Loan Commitment	120,000,000.00
Mar 1, 2024	IDA-48660	Loan Repay	354,175.16
Mar 1, 2024	IDA-48660	Loan Repay	18.19
Mar 1, 2024	IDA-48660	Int Charges	126,181.37
Mar 1, 2024	IDA-48660	Int Charges	126,181.37
Mar 1, 2024	IDA-57690	Loan Repay	1,893,841.60
Mar 1, 2024	IDA-57690	Loan Repay	88.17
Mar 1, 2024	IDA-57690	Int Charges	433,236.40
Mar 1, 2024	IDA-57690	Int Charges	433,236.40
Sep 1, 2023	IDA-57690	Int Charges	5,332.13
Sep 1, 2023	IDA-57690	Int Charges	5,332.13
Sep 1, 2023	IDA-57690	Loan Repay	1,898,740.90
Sep 1, 2023	IDA-57690	Int Charges	441,457.28
Sep 1, 2023	IDA-57690	Int Charges	441,457.28
Sep 1, 2023	IDA-48660	Int Charges	1,100.02
Sep 1, 2023	IDA-48660	Int Charges	1,100.02
Sep 1, 2023	IDA-48660	Loan Repay	355,093.10
Sep 1, 2023	IDA-48660	Int Charges	127,833.54
Sep 1, 2023	IDA-48660	Int Charges	127,833.54
Mar 1, 2017	IDA-48660	Int Charges	134,542.95
Jun 8, 2017	IDA-57690	Loan Disb	4,924,357.50
Jun 29, 2017	IDA-57690	Loan Disb	5,857,686.50
Sep 1, 2018	IDA-57690	Int Charges	2,671.99
Sep 1, 2018	IDA-57690	Int Charges	2,671.99
Jun 14, 2018	IDA-57690	Loan Disb	6,014,922.00
Mar 1, 2021	IDA-57690	Int Charges	480,591.90
Sep 1, 2020	IDA-57690	Int Charges	360,468.56
Sep 1, 2020	IDA-57690	Int Charges	360,468.56
Sep 1, 2020	IDA-57690	Int Charges	603.88
Sep 1, 2020	IDA-57690	Int Charges	603.88
Sep 22, 2020	IDA-57690	Loan Disb	5,123,434.50
Jul 6, 2020	IDA-57690	Loan Disb	10,085,924.00
Sep 1, 2020	IDA-48660	Int Charges	956.13
Sep 1, 2020	IDA-48660	Int Charges	956.13
Sep 1, 2020	IDA-48660	Int Charges	136,914.33
Sep 1, 2020	IDA-48660	Int Charges	136,914.33
Jun 1, 2020	IDA-57690	Loan Disb	15,970,735.00
Mar 1, 2023	IDA-57690	Loan Repay	49,530.98
Mar 1, 2023	IDA-57690	Loan Repay	1,854,706.10
Mar 1, 2023	IDA-57690	Int Charges	444,528.47
Mar 1, 2023	IDA-57690	Int Charges	444,528.47
Mar 1, 2023	IDA-48660	Loan Repay	345,905.47
Mar 1, 2023	IDA-48660	Int Charges	128,435.79
Mar 1, 2023	IDA-48660	Int Charges	128,435.79
Mar 1, 2023	IDA-48660	Loan Repay	10,215.48
Sep 1, 2022	IDA-48660	Loan Repay	345,812.60
Sep 1, 2022	IDA-48660	Loan Repay	1,775.58

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Satisfactory	2021-03-23
Financial Management	Satisfactory	2021-03-23
Counterpart Funding	Satisfactory	2021-03-23
Monitoring and Evaluation	Satisfactory	2021-03-23
Overall Implementation Progress (IP)	Satisfactory	2021-03-23
Procurement	Moderately Satisfactory	2021-03-23
Project Management	Satisfactory	2021-03-23

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 12-22-2021
Outcomes	Substantial
Risk to Development Outcome
Bank Performance	Substantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW:	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Satisfactory	N/a
Borrower Performance		N/a
Government Performance	Not Rated	N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality	Substantial	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Cumulative direct total private investment in EZs (millions) Value 15.00 3941.00 45.00
Date January 31, 2016 February 28, 2021
Comment
Cumulative number of jobs facilitated by PSDSP Value 0.00 41225.00 30000.00
Date August 3, 2010 February 28, 2021 June 30, 2019
Comment
Cumulative number of jobs facilitated by PSDSP of which are female Value 0.00 13.00 23.00
Date August 3, 2010 March 31, 2018
Comment
Compliance with quality standards (ISO 9000 or equivalent) Value 0.00 97.47 8.00
Date January 31, 2016 February 28, 2021
Comment
Compliance with building codes Value 0.00 100.00 100.00
Date January 31, 2016 February 28, 2021 June 30, 2016
Comment
Number of workers in firms receiving regular counselling to improve social and environmental practices (Number) Value 420101.00 439836.00 520000.00
Date July 19, 2019 February 28, 2021
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Number of developers receiving a license to develop an EZ Value 0.00 36.00 35.00
Date August 3, 2010 February 28, 2021 February 28, 2021
Comment
Increase in percentage of grievances received from workers in the EZs supported by PSDSP and responded to and/or resolved within one week Value 93.00 97.00 2.00
Date January 31, 2016 February 28, 2021
Comment
Public investment in last mile off-site infrastructure and on-site facilities (millions) Value 33.00 360.00 58.00
Date January 31, 2016 February 28, 2021
Comment
Number of sites with completed assessments, feasibility studies or master plans for new EZs Value 1.00 60.00 59.00
Date August 3, 2010 February 28, 2021 February 28, 2021
Comment
Number of local non-tenant firms supported by PSDSP that have received quality or environmental certification Value 77.00 140.00 100.00
Date January 31, 2016 February 28, 2021
Comment
Number of persons benefitting from demand-driven training or certification Value 0.00 18000.00 11050.00
Date August 3, 2010 February 28, 2021
Comment
Number of tenant firms Value 4.00 200.00 15.00
Date January 31, 2016 February 28, 2021
Comment
Share of persons benefitting from demand-driven training or certification of which are female Value 26.00 20.00 26.00
Date August 3, 2010 March 31, 2018
Comment
Number of environmental or social counselors maintained at EZs Value 85.00 87.00 85.00
Date January 31, 2016 February 28, 2021
Comment
Childcare operations guidelines and manuals developed and adopted (Text) Value No Yes No
Date July 19, 2019 February 28, 2021
Comment

Cumulative direct total private investment in EZs (millions)	Value	15.00	3941.00	45.00
	Date	January 31, 2016	February 28, 2021
	Comment

Cumulative number of jobs facilitated by PSDSP	Value	0.00	41225.00	30000.00
	Date	August 3, 2010	February 28, 2021	June 30, 2019
	Comment

Compliance with building codes	Value	0.00	100.00	100.00
	Date	January 31, 2016	February 28, 2021	June 30, 2016
	Comment

Number of workers in firms receiving regular counselling to improve social and environmental practices (Number)	Value	420101.00	439836.00	520000.00
	Date	July 19, 2019	February 28, 2021
	Comment

Increase in percentage of grievances received from workers in the EZs supported by PSDSP and responded to and/or resolved within one week	Value	93.00	97.00	2.00
	Date	January 31, 2016	February 28, 2021
	Comment

Public investment in last mile off-site infrastructure and on-site facilities (millions)	Value	33.00	360.00	58.00
	Date	January 31, 2016	February 28, 2021
	Comment

Number of sites with completed assessments, feasibility studies or master plans for new EZs	Value	1.00	60.00	59.00
	Date	August 3, 2010	February 28, 2021	February 28, 2021
	Comment

Number of local non-tenant firms supported by PSDSP that have received quality or environmental certification	Value	77.00	140.00	100.00
	Date	January 31, 2016	February 28, 2021
	Comment

Number of tenant firms	Value	4.00	200.00	15.00
	Date	January 31, 2016	February 28, 2021
	Comment

Share of persons benefitting from demand-driven training or certification of which are female	Value	26.00	20.00	26.00
	Date	August 3, 2010	March 31, 2018
	Comment

Number of environmental or social counselors maintained at EZs	Value	85.00	87.00	85.00
	Date	January 31, 2016	February 28, 2021
	Comment