Administration

Ministry of Commerce

Project Title: Bangladesh Regional Connectivity Project-1

The overall objective of this technical assistance project is to strengthen trade related institutional capacity in order to ensure active and sustainable cooperation between multiple trade-related stakeholders and economic empowerment of women traders.

This project consists of following three (3) components:

Component : A

Develop (pilot) programs to support female traders and entrepreneurs. This component will pilot activities to help address barriers to women becoming more integrated into regional and global supply chains and trading opportunities.

Component : B

Capacity Development Support for the National Trade and Transport Facilitation Committee. The inter-ministerial National Trade and Transport Facilitation Committee (NTTFC) has been set up during the preparation of the proposed Project to coordinate all trade and transport-related policies and activities in Bangladesh, and will also serve as the Advisory Committee for the Project.

Component : C

Improvements to Bangladesh Trade Portal and to set up a National Inquiry Point for Trade. The Bangladesh Trade Portal (BTP) was launched in March 2016. This component will support further up-gradation of the BTP to expand its functionality to include information of relevance to potential Bangladesh exporters and to ensure that content is kept up to date. This component will also set up the National Inquiry Point for Trade, which will help Bangladesh to meet a key requirement of WTO Trade Facilitation Agreement.

Project Cost:

Sl. No.Mode of FinancingAmount (In Core Taka)Amount (In Million USD)Sharing of Financing (in %)
1.Project Aid (IDA)67.588.0093.37%
2.GOB4.800.606.63%
Total72.388.60100%

Project Implementation Period: January 2017 – December 2023

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