Foreign Direct Investment Promotion Project (Phase 2)

Country, Site Bangladesh
Project Outline The objective of the Project is to improve Bangladesh’s fragile investment environment by (i) expanding the country’s only economic zone with international-standard infrastructure and operations, (ii) establishing a centralized investment-related licensing system to streamline administrative procedures, and (iii) improving financial access for small-scale construction, equipment purchases, and working capital to businesses with a view to promoting FDI and enhancing industrial diversification, thereby contributing to sustainable economic development of the country.
Category A
Reason of
Categorization
The project is likely to have significant adverse impact due to its characteristic (large-scale land reclamation, land development, and land clearing) under the JICA Guidelines for Environmental and Social Considerations (January, 2022)
Latest Result of
Monitoring
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Past Results of
Monitoring
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Remarks -