Bangladesh Regional Connectivity Project 1

Abstract*

The development objective of the First Regional Connectivity Project for Bangladesh is to improve conditions for trade through improving connectivity, reducing logistics bottlenecks and supporting the adoption of modern approaches to border management and trade facilitation. The project has three components. 1) Invest in infrastructure, systems and procedures to modernize key selected land ports essential fortrade with India, Bhutan and Nepal will finance key development and improvement works at four land ports along the Southwest to Northeast Corridor that are key to facilitating regional and transit trade;... Show More

Development Objective

The Project Development Objective is to improve conditions for trade through improving connectivity, reducing logistics bottlenecks and supporting the adoption of modern approaches to border management and trade facilitation.

Key Details

Project Details

Project ID
P154580
Status
Active
Team Leader
Amali Rajapaksa , Nusrat Babi
Borrower 2
People's Republic of Bangladesh

Country
Bangladesh
Disclosure Date
June 5, 2016
Approval Date
(as of board presentation)
April 5, 2017
Effective Date
January 8, 2018

Total Project Cost 1
US$ 170.42 million
Implementing Agency
Ministry of Commerce,Ministry of Shipping - Bangladesh Land Port Authority,Ministry of Finance - National Board of Revenue
Region
South Asia
Fiscal Year 3
2017

Commitment Amount
US$ 150.00 million
Environmental Category
B
Last Update Date
February 4, 2024
Closing Date
December 31, 2026

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED

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 - Trade50%
- FY17 - Trade Facilitation45%
- FY17 - Trade Policy1%

FY17 - Human Development and Gender

FY17 - Gender2%

FY17 - Private Sector Development

FY17 - Enterprise Development5%
- FY17 - Global value chains2%
FY17 - Regional Integration95%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	60.00
Borrower/Recipient	20.42
IDA Credit provided from the IDA Regional Projects Window	90.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	150.00
IBRD + IDA Commitment	150.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	170.42

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Mar 23, 2022	IDA-60020	Loan Disb	253,149.80
May 15, 2022	IDA-60020	Int Charges	2,119.12
May 15, 2022	IDA-60020	Int Charges	2,119.12
May 15, 2022	IDA-60020	Int Charges	172,107.67
May 15, 2022	IDA-60020	Int Charges	172,107.67
May 15, 2019	IDA-60020	Int Charges	6,701.74
May 15, 2019	IDA-60020	Int Charges	6,701.74
Feb 27, 2020	IDA-60020	Loan Disb	3,413,537.20
Sep 19, 2019	IDA-60020	Loan Disb	4,657,988.00
Sep 19, 2019	IDA-60020	Loan Disb	550,295.90
May 15, 2020	IDA-60020	Int Charges	6,041.25
May 15, 2020	IDA-60020	Int Charges	6,041.25
May 15, 2020	IDA-60020	Int Charges	41,119.59
May 15, 2020	IDA-60020	Int Charges	41,119.59
Feb 25, 2021	IDA-60020	Loan Disb	471,698.12
Sep 9, 2020	IDA-60020	Loan Disb	117,924.53
Aug 24, 2020	IDA-60020	Loan Disb	5,830,306.50
Aug 27, 2020	IDA-60020	Loan Disb	1,539,622.60
Feb 25, 2021	IDA-60020	Loan Disb	10,806,368.00
Feb 27, 2018	IDA-60020	Loan Disb	1,205,690.90
May 15, 2018	IDA-60020	Int Charges	1,928.05
May 15, 2018	IDA-60020	Int Charges	1,928.05
Feb 6, 2019	IDA-60020	Loan Disb	231,340.27
Feb 11, 2019	IDA-60020	Loan Disb	279,928.53
Nov 15, 2018	IDA-60020	Int Charges	33.85
Nov 15, 2018	IDA-60020	Int Charges	33.85
Nov 15, 2018	IDA-60020	Int Charges	4,270.49
Nov 15, 2018	IDA-60020	Int Charges	4,270.49
Jan 22, 2019	IDA-60020	Loan Disb	595,230.50
Apr 18, 2019	IDA-60020	Loan Disb	1,008,891.50
Apr 18, 2019	IDA-60020	Loan Disb	1,157,676.40
Nov 15, 2019	IDA-60020	Int Charges	1,158.68
Nov 15, 2019	IDA-60020	Int Charges	1,158.68
Nov 15, 2019	IDA-60020	Int Charges	16,413.97
Nov 15, 2019	IDA-60020	Int Charges	16,413.97
May 15, 2019	IDA-60020	Int Charges	65.52
May 15, 2019	IDA-60020	Int Charges	65.52
Apr 5, 2017	IDA-60020	Loan Commitment	150,000,000.00
Dec 18, 2023	IDA-60020	Loan Disb	9,350.00
Feb 13, 2024	IDA-60020	Loan Disb	24,600.01
Feb 1, 2024	IDA-60020	Loan Disb	718,365.00
Feb 1, 2024	IDA-60020	Loan Disb	11,850.00
Feb 29, 2024	IDA-60020	Loan Disb	20,764,000.00
May 15, 2024	IDA-60020	Loan Repay	223,279.40
Jun 27, 2024	IDA-60020	Loan Disb	598,134.80
May 15, 2024	IDA-60020	Int Charges	14,428.82
May 15, 2024	IDA-60020	Int Charges	14,428.82
Jun 18, 2024	IDA-60020	Loan Disb	2,155,095.00
May 15, 2024	IDA-60020	Loan Repay	2,067,718.40
May 15, 2024	IDA-60020	Int Charges	221,801.31
May 15, 2024	IDA-60020	Int Charges	221,801.31
Nov 15, 2022	IDA-60020	Int Charges	4,200.06
Nov 15, 2022	IDA-60020	Int Charges	195,856.03
Nov 15, 2022	IDA-60020	Int Charges	195,856.03
Sep 1, 2022	IDA-60020	Loan Disb	1,263,157.90
Nov 15, 2022	IDA-60020	Int Charges	4,200.06
Mar 9, 2023	IDA-60020	Loan Disb	401,960.78
May 15, 2023	IDA-60020	Int Charges	185,028.22
May 15, 2023	IDA-60020	Int Charges	185,028.22
May 15, 2023	IDA-60020	Int Charges	3,319.63
May 15, 2023	IDA-60020	Int Charges	3,319.63
May 15, 2023	IDA-60020	Loan Repay	2,324,480.20
Nov 15, 2023	IDA-60020	Int Charges	21,294.36
Nov 15, 2023	IDA-60020	Int Charges	21,294.36
Nov 15, 2023	IDA-60020	Loan Repay	2,296,243.50
Nov 15, 2023	IDA-60020	Int Charges	181,957.19
Nov 15, 2023	IDA-60020	Int Charges	181,957.19
May 15, 2021	IDA-60020	Int Charges	97,730.88
May 15, 2021	IDA-60020	Int Charges	97,730.88
May 15, 2021	IDA-60020	Int Charges	143.05
May 15, 2021	IDA-60020	Int Charges	143.05
Nov 15, 2020	IDA-60020	Int Charges	651.19
Nov 15, 2020	IDA-60020	Int Charges	651.19
Nov 15, 2020	IDA-60020	Int Charges	62,241.64
Nov 15, 2020	IDA-60020	Int Charges	62,241.64
Sep 8, 2021	IDA-60020	Loan Disb	14,961,854.00
Sep 14, 2021	IDA-60020	Loan Disb	848,686.60
Nov 15, 2021	IDA-60020	Int Charges	683.79
Nov 15, 2021	IDA-60020	Int Charges	683.79
Nov 15, 2021	IDA-60020	Int Charges	140,617.34
Nov 15, 2021	IDA-60020	Int Charges	140,617.34
Mar 15, 2022	IDA-60020	Loan Disb	8,388,372.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Procurement	Moderately Satisfactory	2024-11-12
Financial Management	Moderately Satisfactory	2024-11-12
Progress towards achievement of PDO	Moderately Satisfactory	2024-11-12
Project Management	Moderately Satisfactory	2024-11-12
Monitoring and Evaluation	Moderately Satisfactory	2024-11-12
Overall Implementation Progress (IP)	Moderately Satisfactory	2024-11-12

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Average time taken to meet regulatory requirements associated with import activities Value 187.00 187.00 112.00
Date December 1, 2016 October 17, 2023 June 30, 2023
Comment
Speed of truck clearance at land ports supported by the Project (truck in truck out) - Bhomra Value 72.00 72.00 12.00
Date December 1, 2016 October 17, 2023 June 30, 2023
Comment
Freight volume at land ports supported by the Project Value 1995000.00 4950000.00 3000000.00
Date December 1, 2016 October 17, 2023 June 30, 2023
Comment
Freight volume at Land Ports supported by the Project - Bhomra Value 1995000.00 4776000.00 3000000.00
Date December 1, 2016 October 17, 2023 June 30, 2023
Comment
Freight volume at Land Ports supported by the Project - Sheola Value 174000.00 174000.00 500000.00
Date December 1, 2016 October 17, 2023 June 30, 2023
Comment
Average time taken to meet regulatory requirements associated with export activities Value 147.00 147.00 88.00
Date December 1, 2016 October 17, 2023 June 30, 2023
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Percentage of grievances related to Project implementation addressed Value 0.00 100.00 100.00
Date December 1, 2016 October 17, 2023 June 30, 2023
Comment
Number of programs instituted to facilitate female traders and entrepreneurs Value 0.00 3.00 5.00
Date December 1, 2016 October 17, 2023 June 30, 2023
Comment
Number of agencies connected to the National Single Window Value 0.00 0.00 19.00
Date December 1, 2016 October 17, 2023 June 30, 2023
Comment
Number of Land Ports Built or Improved/Rehabilitated Value 0.00 1.00 4.00
Date December 1, 2016 October 17, 2023 June 30, 2023
Comment

Average time taken to meet regulatory requirements associated with import activities	Value	187.00	187.00	112.00
	Date	December 1, 2016	October 17, 2023	June 30, 2023
	Comment

Speed of truck clearance at land ports supported by the Project (truck in truck out) - Bhomra	Value	72.00	72.00	12.00
	Date	December 1, 2016	October 17, 2023	June 30, 2023
	Comment

Freight volume at land ports supported by the Project	Value	1995000.00	4950000.00	3000000.00
	Date	December 1, 2016	October 17, 2023	June 30, 2023
	Comment

Freight volume at Land Ports supported by the Project - Sheola	Value	174000.00	174000.00	500000.00
	Date	December 1, 2016	October 17, 2023	June 30, 2023
	Comment

Average time taken to meet regulatory requirements associated with export activities	Value	147.00	147.00	88.00
	Date	December 1, 2016	October 17, 2023	June 30, 2023
	Comment

Percentage of grievances related to Project implementation addressed	Value	0.00	100.00	100.00
	Date	December 1, 2016	October 17, 2023	June 30, 2023
	Comment

Bangladesh Regional Connectivity Project 1

Abstract*

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

Detailed Financial Activity as of March 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS