| Financier | Commitments |
|---|---|
| IDA Credit | 500.00 |
| IDA Shorter Maturity Loan (SML) | 150.00 |
Bay Terminal Marine Infrastructure Development Project
Abstract*
The Bay Terminal is designed to accommodate larger vessels and improve cargo handling efficiency in Bangladesh maritime ports. It is a significant step towards modernizing the country's maritime port infrastructure and improving its connectivity to international markets. The Bay Terminal is expected to be developed in two phases. Phase one (2024-2031) involves IDA financing for the construction of the breakwater, capital dredging of the entrance channel... Show More
Development Objective
To enable the mobilization of private investment for the primary gateway port of Bangladesh and increase its operation efficiency.
Key Details
Project Details
P176812
Active
Cheick Diallo , Hua Tan
People's Republic of Bangladesh
April 19, 2022
(as of board presentation)
June 28, 2024
N/A
US$ 350.00 million
Chittagong Port Authority,Ministry of Shipping
2024
US$ 650.00 million
N/A
High
June 30, 2031
Yes
BANK APPROVED
May 17, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 650.00 |
| IBRD + IDA Commitment | 650.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 350.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 28, 2024 | IDA-76040 | Loan Commitment | 400,000,000.00 |
| Jun 28, 2024 | IDA-76050 | Loan Commitment | 100,000,000.00 |
| Jun 28, 2024 | IDA-76060 | Loan Commitment | 150,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Moderately Satisfactory | 2025-04-08 |
| Project Management | Satisfactory | 2025-04-08 |
| Progress towards achievement of PDO | Satisfactory | 2025-04-08 |
| Financial Management | Satisfactory | 2025-04-08 |
| Monitoring and Evaluation | Satisfactory | 2025-04-08 |
| Overall Implementation Progress (IP) | Satisfactory | 2025-04-08 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.