Bangladesh: South Asia Subregional Economic Cooperation Integrated Trade Facilitation Sector Development Program
This sector development program will improve the volume, efficiency, predictability, and security of cross-border trade in Bangladesh to contribute to the national goals of accelerating growth with industrialization and trade, and expand subregional trade and commerce. The program will introduce policy reforms and complement these with upgraded infrastructure at border crossing points.
| PROJECT DETAILS | ||
|
Commitment Date Funding Type Country Sector Status Total Cost |
15 Jun 2022 Loan Bangladesh Trade Facilitation Ongoing $151.04 million | |
| KEY OUTPUTS |
Compliance of customs legal framework with international standards. Improved cargo clearance processes Enhanced institutional capacity Developed integrated trade facilities |
| FINANCING |
$90 million (Asian Development Fund / Concessional ordinary capital resources lending) $53 million (Asian Development Fund / Concessional ordinary capital resources lending) $8.04 million (Government of Bangladesh) |
