| Financier | Commitments |
|---|---|
| Borrower/Recipient | 7.00 |
| IDA Credit | 130.00 |
Private Sector Development Support Project Additional Financing
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
P156242
Closed
Michael Engman
People's Republic of Bangladesh
December 13, 2015
(as of board presentation)
April 5, 2016
N/A
US$ 137.00 million
Economic Relations Division (ERD)
2016
US$ 130.00 million
A
May 27, 2021
February 28, 2021
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 130.00 |
| IBRD + IDA Commitment | 130.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 137.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
Detailed Financial Activity as of February 28, 2025
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Direct private investment by zone tenant companies located within new zones Value 0.00 5.00 10.00 Date August 3, 2011 September 10, 2015 June 30, 2016 Comment Cumulative number of jobs facilitated by PSDSP Value 0.00 3252.00 15500.00 Date August 3, 2010 January 31, 2016 February 28, 2021 Comment Cumulative number of jobs facilitated by PSDSP of which are female Value 0.00 28.00 30.00 Date August 3, 2010 January 31, 2016 February 28, 2021 Comment Share of tenant firms in EZs complying with quality standards (ISO 9000 or equivalent) Value 0.00 0.00 20.00 Date January 31, 2016 February 28, 2021 Comment Share of tenant firms in EZs complying with building codes Value 0.00 0.00 100.00 Date January 31, 2016 February 28, 2021 Comment Share of tenant firms in EZs complying with environmental standards (ISO 14000 or equivalent) Value 0.00 0.00 20.00 Date January 31, 2016 February 28, 2021 Comment Cumulative direct total private investment in EZs (USD millions) Value 15000000.00 0.00 125000000.00 Date January 31, 2016 January 20, 2015 February 28, 2021 Comment The indicator is revised to include investments by developers, tenant companies, and last-mile infrastructure provided. Thebaseline was revised accordingly. Number of jobs created (No.) & of which female employment (%) Value 0.00 2823.00 2000.00 Date August 3, 2011 September 10, 2015 June 30, 2016 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Cumulative number of persons benefitting from demand-driven training or certification Value 0.00 13539.00 23800.00 Date August 3, 2010 January 31, 2016 February 28, 2021 Comment Cumulative number of firms located in economic zones complying with relevant environmental standards (ISO 14000 or equivalent) Value 0.00 21.00 15.00 Date August 3, 2011 September 10, 2015 June 30, 2016 Comment Cumulative number of firms complying with Quality standards (ISO 9001 or equivalent) Value 19.00 52.00 30.00 Date August 3, 2011 September 10, 2015 June 30, 2016 Comment Cumulative number of developers receiving a license to develop an EZ Value 0.00 11.00 35.00 Date August 3, 2010 January 31, 2016 February 28, 2021 Comment Time (days) to process business registration in a zone. Value 44.00 8.00 9.00 Date August 3, 2011 September 10, 2015 June 30, 2016 Comment Cumulative number of new operational EZs Value 4.00 0.00 15.00 Date January 31, 2016 February 28, 2021 Comment Cumulative number of environmental or social counselors maintained at EZs Value 85.00 0.00 95.00 Date January 31, 2016 February 28, 2021 Comment Cumulative number of local non-tenant firms supported by PSDSP that have received quality or environmental certification Value 77.00 0.00 140.00 Date January 31, 2016 February 28, 2021 Comment Cumulative public investment in last mile off-site infrastructure and on-site facilities (USD millions) Value 33.00 0.00 139.00 Date January 31, 2016 February 28, 2021 Comment Share of persons benefitting from demand-driven training or certification of which are female Value 0.00 0.00 30.00 Date August 3, 2010 September 10, 2015 February 28, 2021 Comment Share of new operational zones with childcare facilities Value 0.00 0.00 100.00 Date January 31, 2016 February 28, 2021 Comment Cumulative number of tenant firms Value 4.00 0.00 48.00 Date January 31, 2016 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 0.00 97.00 Date January 31, 2016 February 28, 2021 Comment Cumulative number of sites with completed assessments, feasibility studies or master plans for new EZs Value 1.00 25.00 59.00 Date August 3, 2010 January 31, 2016 February 28, 2021 Comment Development of new economic zones or tech parks (in progress) Value 0.00 5.00 3.00 Date August 3, 2011 September 10, 2015 June 30, 2016 Comment