Asian Infrastructure Investment Bank

COVID-19 Emergency and Crisis Response Facility

Last update: Jan 8, 2024 Last update: Jan 8, 2024

Details

Project End Date:2024-02-29
Location:Bangladesh
Bangladesh
Category:Unspecified/other
Status:Completion and evaluation
Sectors:Private Sector & Trade, Financial Services & Audit, Disaster Reduction & Humanitarian Relief
Languages:English
Contracting authority type:Government / Public Sector
Eligibility:Unknown
Budget: USD 300,000,000
Date posted: Oct 21, 2020

Attachments 11

Associated Awards

Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation

Description

OBJECTIVE   To reduce liquidity constraints brought on by the COVID-19 pandemic to SMEs and cottage industries in Bangladesh.   DESCRIPTION   The project, financed by a sovereign-backed loan to the People’s Republic of Bangladesh (Bangladesh), will
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tender Background

About the Funding Agency

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank (MDB) conceived for the 21st century for promoting infrastructure development in Asia. Through a participatory process, its founding members (Brazil, Russia, India, China and South Africa) are developing its core philosophy, principles, policies, value system and operating platform. The Bank's foundation is built on the lessons of experience of existing MDBs and the private sector. 

AIIB is offering sovereign-backed and non-sovereign-backed financing (i.e. loans, guarantees, and equity investment). It does not have a concessional financing window, nor does it provide grants. AIIB does not provide financing to individuals.

About the Sectors

Private Sector & Trade

Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.


Key areas:
  • Private sector development and SME/MSME support
  • Entrepreneurship, start-ups, and business growth initiatives
  • Trade facilitation, import/export, and market access
  • Commerce, retail/wholesale, and free trade mechanisms

Financial Services & Audit

Covers financial, banking, insurance, investment, and audit services related to the management, transfer, and oversight of financial resources.


Key areas:
  • Financial services, banking, and insurance
  • Accounting, auditing, and financial reporting
  • Investment, capital markets, and financial inclusion

Locations

Bangladesh

Bangladesh has undertaken extensive infrastructure expansion - including bridges, metro systems, ports and power plants - to sustain rapid industrial and export-led growth. Improved logistics and electricity access have strengthened manufacturing competitiveness, particularly in garments. Large-scale public investment and external financing have underpinned this transformation. Strengthening financial governance, climate resilience and urban infrastructure management will be critical for continued progress.

Nr. of tenders: 25712
Nr. of grants: 3180
Nr. of donors: 576
Nr. of jobs: 198
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