Bangladesh Private Investment & Digital Entrepreneurship Project

Abstract*

The objective of the Private Investment and Digital Entrepreneurship Project for Bangladesh is to promote private investment, job creation, and environmental sustainability in participating economic zones and software technology parks in Bangladesh. The Project has four components. 1.Creating an Enabling Environment for Private Investment and Sustainability component will finance technical assistance, goods, training and recurrent expenditures. This... Show More

Development Objective

To promote private investment, job creation, and environmental sustainability in participating economic zones and software technology parks in Bangladesh.

Key Details

Project Details

Project ID
P170688
Status
Active
Team Leader
Hosna Sumi , Wenye Dong
Borrower 2
People's Republic of Bangladesh

Country
Bangladesh
Disclosure Date
August 6, 2019
Approval Date
(as of board presentation)
June 19, 2020
Effective Date
July 11, 2021

Total Project Cost 1
US$ 555.00 million
Implementing Agency
Economic Relations Division,Bangladesh Economic Zones Authority,Bangladesh Hi-Tech Park Authority
Region
South Asia
Fiscal Year 3
2020

Commitment Amount
US$ 500.00 million
Environmental Category
N/A
Last Update Date
January 22, 2024
Closing Date
December 31, 2025

Consultant Services required
No
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 - Environment and Natural Resource Management

FY17 - Climate change46%
- FY17 - Adaptation22%
- FY17 - Mitigation25%

FY17 - Finance

FY17 - Finance for Development76%
- FY17 - Infrastructure Finance76%

FY17 - Human Development and Gender

FY17 - Gender24%

FY17 - Private Sector Development

FY17 - Business Enabling Environment94%
- FY17 - Investment and Business Climate94%
FY17 - Enterprise Development6%
- FY17 - Entrepreneurship6%
FY17 - Public Private Partnerships10%

FY17 - Urban and Rural Development

FY17 - Disaster Risk Management20%
- FY17 - Disaster Risk Reduction20%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	500.00
Borrower/Recipient	55.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	500.00
IBRD + IDA Commitment	500.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	555.00

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

No data available.

Detailed Financial Activity as of February 28, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Sep 21, 2021	IDA-66760	Loan Disb	393,484.66
Nov 1, 2021	IDA-66760	Int Charges	517,309.34
May 18, 2022	IDA-66760	Loan Disb	214,396.98
Oct 6, 2021	IDA-66760	Loan Disb	349,152.16
Aug 10, 2021	IDA-66760	Fee Charges	1,347,903.80
Apr 2, 2024	IDA-66760	Loan Disb	376,580.40
Jun 6, 2023	IDA-66760	Loan Disb	985,610.30
Sep 27, 2023	IDA-66760	Loan Disb	824,165.30
Jun 5, 2023	IDA-66760	Loan Disb	115,354.53
Nov 1, 2023	IDA-66760	Loan Disb	189,474.86
Dec 21, 2023	IDA-66760	Loan Disb	278,379.60
Nov 1, 2023	IDA-66760	Int Charges	541.49
Nov 1, 2023	IDA-66760	Int Charges	543,839.00
Nov 1, 2023	IDA-66760	Int Charges	1,354,343.40
May 1, 2022	IDA-66760	Int Charges	600,589.30
May 1, 2022	IDA-66760	Int Charges	370.09
May 1, 2022	IDA-66760	Int Charges	156.41
Feb 8, 2024	IDA-66760	Loan Disb	73,521.02
May 1, 2024	IDA-66760	Int Charges	1,793,766.60
May 1, 2024	IDA-66760	Int Charges	529,396.94
May 1, 2024	IDA-66760	Int Charges	3,826.00
May 1, 2024	IDA-66760	Int Charges	199.71
Jun 5, 2024	IDA-66760	Loan Disb	76,814.04
May 23, 2024	IDA-66760	Loan Disb	438,060.22
Nov 1, 2023	IDA-66760	Int Charges	42.60
Mar 18, 2024	IDA-66760	Loan Disb	269,309.47
May 1, 2022	IDA-66760	Int Charges	5,464.61
Jun 19, 2020	IDA-66760	Loan Commitment	500,000,000.00
Feb 17, 2022	IDA-66760	Loan Disb	837,050.50
Sep 1, 2022	IDA-66760	Loan Disb	557,124.06
Feb 2, 2022	IDA-66760	Loan Disb	743,964.30
Nov 23, 2022	IDA-66760	Loan Disb	202,674.98
Oct 20, 2022	IDA-66760	Loan Disb	6,875,361.50
Nov 1, 2022	IDA-66760	Int Charges	572,243.60
Nov 1, 2022	IDA-66760	Int Charges	12,497.46
Dec 15, 2022	IDA-66760	Loan Disb	814,945.90
May 1, 2023	IDA-66760	Int Charges	890.17
May 1, 2023	IDA-66760	Int Charges	3,117.09
May 1, 2023	IDA-66760	Int Charges	612,655.75
May 1, 2023	IDA-66760	Int Charges	203,833.86
Mar 9, 2023	IDA-66760	Loan Disb	117,635.53
May 9, 2023	IDA-66760	Loan Disb	19,073,620.00
Feb 9, 2023	IDA-66760	Loan Disb	815,941.94
Jun 21, 2023	IDA-66760	Loan Disb	29,905,052.00
Jun 21, 2023	IDA-66760	Loan Disb	2,521,060.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Moderately Satisfactory	2025-01-01
Financial Management	Moderately Satisfactory	2025-01-01
Monitoring and Evaluation	Satisfactory	2025-01-01
Procurement	Moderately Satisfactory	2025-01-01
Project Management	Moderately Satisfactory	2025-01-01
Overall Implementation Progress (IP)	Moderately Unsatisfactory	2025-01-01

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

…of which in BSMSN Value 0.00 2.00 80.00
Date December 31, 2019 December 7, 2023 December 31, 2025
Comment
…of which in PEZs outside BSMSN Value 0.00 6.00 30.00
Date December 31, 2019 December 7, 2023 December 31, 2025
Comment
…of which in STPs Value 0.00 0.00 40.00
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
4. Greenhouse gas emissions avoided Value 0.00 0.00 30000.00
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
1. Direct private investment in economic zones Value 1780000000.00 3700000000.00 3700000000.00
Date December 31, 2019 December 7, 2023 December 31, 2025
Comment
…of which by BSMSN unit investors Value 0.00 225000.00 390000000.00
Date December 31, 2019 December 7, 2023 December 31, 2025
Comment
…of which in PEZs outside BSMSN Value 1780000000.00 1780000000.00 3310000000.00
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
…of which from PPPs Value 0.00 40000000.00 100000000.00
Date December 31, 2019 December 7, 2023 December 31, 2025
Comment
2. Number of direct (FTE) new jobs facilitated by project Value 0.00 43164.00 150000.00
Date December 31, 2019 December 7, 2023 December 31, 2025
Comment
…of which in BSMSN Value 0.00 700.00 85000.00
Date December 31, 2019 December 7, 2023 December 31, 2025
Comment
…of which outside BSMSN Value 0.00 43064.00 61000.00
Date December 31, 2019 December 7, 2023 December 31, 2025
Comment
…of which women in EZs Value 8.00 8.00 8.00
Date
Comment
…of which in STPs Value 0.00 0.00 4000.00
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
…of which women in STPs Value 33.00 33.00 34.00
Date
Comment
3. Number of companies using green and resilient services and facilities Value 0.00 8.00 150.00
Date December 31, 2019 December 7, 2023 December 31, 2025
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

1.1 Proposal for institutional arrangements governing BSMSN adopted by BEZA Executive Board Value No No Yes
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
4.1: Appointment of private operator in Janata STP Value No No Yes
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
3.1: Adoption and upholding of fair competition rules Value No No Yes
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
2.1: Private investment in green and resilient infrastructure Value 0.00 7.00 35000000.00
Date December 31, 2019 December 7, 2023 December 31, 2025
Comment
1:2 Establishment of BSMSN Special Purpose Vehicle Value No No Yes
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
4.2: Number of IT-ITeS tenants in STPs Value 86.00 86.00 151.00
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
2.2: Capacity of installed water treatment Value 0.00 0.00 25000.00
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
3.2: Number of trainees receiving demand driven skills in EZs Value 0.00 0.00 20000.00
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
1:3 Number of dedicated full-time staff in SOUs Value 0.00 10.00 14.00
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
...of which women Value 0.00 0.00 20.00
Date
Comment
4.3: Share of satisfied users of start-up & scale-up services Value 0.00 0.00 70.00
Date December 31, 2019 September 29, 2022 December 31, 2025
Comment
2.3: CETP capacity of wastewater treatment Value 0.00 0.00 15000.00
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
...of which in PPP Value 0.00 3.00 4.00
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
2.4: Capacity of installed renewable energy Value 0.00 0.00 40.00
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
3.3: Number of firms with internationally recognized sustainability and resilience certifications Value 0.00 0.00 50.00
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
4.4: Number of trainees receiving demand driven training in IT-ITeS sector Value 0.00 220.00 3000.00
Date December 31, 2019 December 7, 2023 December 31, 2025
Comment
...of which in social and environmental Value 0.00 3.00 6.00
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
...of which women Value 0.00 0.00 0.00
Date
Comment
4:5: Number of SMEs that are investment ready Value 0.00 0.00 80.00
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
...of which in engineering and maintenance Value 0.00 3.00 4.00
Date December 31, 2019 May 31, 2023 December 31, 2025
Comment
1:4 Number of PPP feasibility studies completed Value 0.00 3.00 8.00
Date December 31, 2019 December 7, 2023 December 31, 2025
Comment
1:5 Number of PPP transactions completed Value 0.00 1.00 3.00
Date December 31, 2019 December 7, 2023 December 31, 2025
Comment

…of which in BSMSN	Value	0.00	2.00	80.00
	Date	December 31, 2019	December 7, 2023	December 31, 2025
	Comment

…of which in PEZs outside BSMSN	Value	0.00	6.00	30.00
	Date	December 31, 2019	December 7, 2023	December 31, 2025
	Comment

…of which in STPs	Value	0.00	0.00	40.00
	Date	December 31, 2019	May 31, 2023	December 31, 2025
	Comment

4. Greenhouse gas emissions avoided	Value	0.00	0.00	30000.00
	Date	December 31, 2019	May 31, 2023	December 31, 2025
	Comment

1. Direct private investment in economic zones	Value	1780000000.00	3700000000.00	3700000000.00
	Date	December 31, 2019	December 7, 2023	December 31, 2025
	Comment

…of which by BSMSN unit investors	Value	0.00	225000.00	390000000.00
	Date	December 31, 2019	December 7, 2023	December 31, 2025
	Comment

…of which from PPPs	Value	0.00	40000000.00	100000000.00
	Date	December 31, 2019	December 7, 2023	December 31, 2025
	Comment

…of which outside BSMSN	Value	0.00	43064.00	61000.00
	Date	December 31, 2019	December 7, 2023	December 31, 2025
	Comment

4.2: Number of IT-ITeS tenants in STPs	Value	86.00	86.00	151.00
	Date	December 31, 2019	May 31, 2023	December 31, 2025
	Comment

...of which in PPP	Value	0.00	3.00	4.00
	Date	December 31, 2019	May 31, 2023	December 31, 2025
	Comment

…of which women in EZs	Value	8.00	8.00	8.00
	Date
	Comment

...of which in social and environmental	Value	0.00	3.00	6.00
	Date	December 31, 2019	May 31, 2023	December 31, 2025
	Comment

Bangladesh Private Investment & Digital Entrepreneurship Project

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 February 28, 2025

Detailed Financial Activity as of February 28, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS