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Overview

Chinese Government provides RMB 82 million grant for Vehicle Container Inspection Systems Project

Commitments (Constant USD, 2023)$13,648,906
Commitment Year•2015Country of Activity•BangladeshDirect Recipient Country of Incorporation•BangladeshSector•Trade Policies And RegulationsFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2015
Start (actual)
May 24, 2015
End (actual)
May 11, 2016

Geospatial footprint

Map overview

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The scanners will be installed in customs houses in Chittagong and Mongla seaports and Benapole, the country's largest land-port on the Indo-Bangladesh border, and Inland Container Depot (ICD) at Kamalapur in the capital of Dhaka. More detailed locational information can be found at: Chittagong: https://www.openstreetmap.org/relation/3824588 Mongla seaports: https://www.openstreetmap.org/node/4838602824 Benapole: https://www.openstreetmap.org/node/3324506590 Inland Container Depot: https://www.openstreetmap.org/way/222333458

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • China Ministry of Commerce

Receiving agencies

Government Agencies

  • Government of Bangladesh

Implementing agencies

Government Agencies

  • Government of Bangladesh

Loan description

Chinese Government provides RMB 82 million grant for Vehicle Container Inspection Systems Project

Narrative

Full Description

Project narrative

On May 24, 2015, under an Economic and Technical Cooperation Agreement (ETCA), China signed two Letters of Exchange amounting to an 82 Million RMB grant to Bangladesh to procure 4 sets of Vehicle Mobile Container Inspection systems for the National Board of Review(NBR) under the Internal Resources Division, Ministry of Finance. The purpose of the vehicle Inspection system is to reduce the inspection time of import and export goods, therefore increasing the efficiency of custom officials and decreasing the trading cost of business. The system will also help to reduce tax evasion. The scanners will be installed in customs houses in Chittagong and Mongla seaports and Benapole, the country's largest land-port on the Indo-Bangladesh border, and Inland Container Depot (ICD) at Kamalapur in the capital of Dhaka. The handover ceremony took place on May 11, 2016.