Knowledge Solutions for Inclusive and Sustainable Development

The technical assistance will create knowledge solutions on strategic issues for Bangladesh's economic transformation and core sectors: energy, industry and trade, public sector management, transport, water, and other urban infrastructure and services. One critical area for knowledge solutions is the establishment of economic corridors as a holistic development approach to drive structural transformation and improve welfare across various regions. These economic corridors include the proposed Bangladesh Economic Corridor (BEC), one of the national corridors identified in the South Asia Subregional Economic Cooperation (SASEC) Operational Plan with potential to develop into a regional economic corridor.

PROJECT DETAILS

Commitment Date

Funding Type

Country

Sector

Status

Total Cost

24 Oct 2018

Technical Assistance

Bangladesh

Multisector

Ongoing

$2 million

KEY OUTPUTS

Preparation of a Comprehensive Development Plan for Northeast Bangladesh Economic Corridor

Production of knowledge products for inclusive and sustainable development

Enhancement of institutional capacity and knowledge

FINANCING

$1 million (Technical Assistance Special Fund)

$500,000 (People's Republic of China Poverty Reduction and Regional Cooperation Fund)

$500,000 (Republic of Korea e-Asia and Knowledge Partnership Fund)