| Financier | Commitments |
|---|---|
| IDA Credit | 753.45 |
| Borrower/Recipient | 292.50 |
Accelerating Transport and Trade Connectivity in Eastern South Asia – Bangladesh Phase 1 Project
Abstract*
The Project will support the modernization of transport and trade enabling infrastructure, systems and procedures in Bangladesh. It will include infrastructure facilities at Benapole, Bhomra, and Burimari land ports, Custom House, Chattogram and Customs, Excise and VAT Training Academy, Chattogram. The trade infrastructure will be premised on digitalization, contact-free and paper-free processing. The project will also support the development of an... Show More
Development Objective
The development objective is to increase the efficiency and resilience of trade and transport along selected corridors in Bangladesh
Key Details
Project Details
P176549
Active
Nusrat Babi , Amali Rajapaksa
People's Republic of Bangladesh
August 26, 2021
(as of board presentation)
June 28, 2022
May 3, 2023
US$ 1045.95 million
Bangladesh Land Port Authority (BLPA),Roads and Highways Division (RHD),National Board of Revenue (NBR)
2022
US$ 753.45 million
N/A
High
June 30, 2028
TBD
BANK APPROVED
January 4, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 753.45 |
| IBRD + IDA Commitment | 753.45 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 1045.95 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 28, 2022 | IDA-71660 | Loan Commitment | 753,450,940.00 |
| Mar 4, 2024 | IDA-71660 | Loan Disb | 11,400,000.00 |
| May 7, 2024 | IDA-71660 | Loan Disb | 215,090.90 |
| May 21, 2024 | IDA-71660 | Loan Disb | 11,758,280.00 |
| Jun 1, 2024 | IDA-71660 | Int Charges | 23,141.53 |
| Jun 1, 2024 | IDA-71660 | Int Charges | 31,762.72 |
| Jun 24, 2024 | IDA-71660 | Loan Disb | 26,565,898.00 |
| Jun 1, 2024 | IDA-71660 | Int Charges | 23,141.53 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Project Management | Moderately Satisfactory | 2024-12-05 |
| Financial Management | Moderately Satisfactory | 2024-12-05 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-12-05 |
| Progress towards achievement of PDO | Satisfactory | 2024-12-05 |
| Monitoring and Evaluation | Satisfactory | 2024-12-05 |
| Procurement | Moderately Satisfactory | 2024-12-05 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
PrDO: Increased freight throughput at border points along select regional corridors Value 0.00 0.00 20.00 Date July 1, 2022 November 15, 2023 June 30, 2028 Comment PrDO: Reduction in travel time along select regional corridors Value 0.00 0.00 30.00 Date July 1, 2022 November 15, 2023 June 30, 2028 Comment PrDO: People provided with improved climate resilient road access along select regional corridors Value 0.00 0.00 2900000.00 Date July 1, 2022 November 15, 2023 June 30, 2028 Comment Increased freight throughput at select border points in Bangladesh Value 0.00 0.00 30.00 Date July 1, 2022 November 15, 2023 June 30, 2028 Comment Reduction in travel time along the project corridor Value 0.00 0.00 30.00 Date July 1, 2022 November 15, 2023 June 30, 2028 Comment People provided with improved climate resilient road access along the project corridor Value 0.00 0.00 1800000.00 Date June 30, 2022 November 15, 2023 June 30, 2028 Comment Increase in customs clearance through green channel Value 0.00 0.00 60.00 Date July 1, 2022 November 15, 2023 June 30, 2028 Comment PrDO: Reduction in annual fatalities along select regional corridors Value 0.00 0.00 30.00 Date July 1, 2022 November 15, 2023 June 30, 2028 Comment Reduction in physical inspection through red channel Value 25.00 25.00 10.00 Date July 1, 2022 November 15, 2023 June 30, 2028 Comment Reduction in annual fatalities along the project corridor Value 0.00 0.00 40.00 Date July 1, 2022 November 15, 2023 June 30, 2028 Comment Reduction in vehicle operating costs along the project corridor Value 0.00 0.00 20.00 Date July 1, 2022 November 15, 2023 June 30, 2028 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Land ports with Automated Border Management Systems Value 0.00 0.00 3.00 Date July 1, 2022 May 11, 2023 June 30, 2028 Comment Roads rehablitated Value 0.00 0.00 43.00 Date July 1, 2022 May 11, 2023 June 30, 2028 Comment Trade infrastructure facilities upgraded climate resilient standard Value 0.00 0.00 5.00 Date July 1, 2022 May 11, 2023 June 30, 2028 Comment Reduction in Bangladesh's Nominal Protection Rate Value 27.10 27.10 20.00 Date July 1, 2022 May 11, 2023 June 30, 2028 Comment Number of women traders and entrepreneurs trained in trade fundamentals Value 0.00 0.00 2500.00 Date July 1, 2022 May 11, 2023 June 30, 2028 Comment Green building accreditation for customs infrastructure Value No No Yes Date July 1, 2022 May 11, 2023 June 30, 2028 Comment Share of trained women traders demonstrating increased understanding of trade procedures and IT-enabled services Value 0.00 0.00 0.00 Date Comment Trade infrastructure constructed with facilities for women Value 0.00 0.00 100.00 Date July 1, 2022 May 11, 2023 June 30, 2027 Comment Share of grievances received that are processed within the stipulated service standards Value 0.00 0.00 80.00 Date July 1, 2022 May 11, 2023 June 30, 2027 Comment Customs officials trained on modern customs practices Value 0.00 0.00 7000.00 Date July 1, 2022 May 11, 2023 June 30, 2028 Comment Percentage of people, including women reported separately, that are satisfied infrastructure facilities Value 0.00 0.00 80.00 Date July 1, 2022 May 11, 2023 June 30, 2028 Comment Share of trained customs officials that are women Value 0.00 0.00 0.00 Date Comment Reduction in the physical presence of stakeholders at Customs ports by introducing e-customs facilities. Value 0.00 0.00 60.00 Date July 1, 2022 May 11, 2023 June 30, 2028 Comment