In 2016-2017, the World Bank retained Locus Economica to assist the Bangladesh Economic Zones Authority (BEZA) and the Hi-Tech Parks Authority (HTPA) with its economic zones (EZs) and hi-tech parks (HTP) programs. Our work was a central plank in the World Bank's Private Sector Development Support Program, which is a US$190 million project (including two IDA credits and one UK-DfID grant) that facilitates private investment and job creation in the EZs and HTPs and promotes compliance with international standards.
Our services to Bangladesh centered on improving the organizational efficiency and functioning of BEZA and HTPA and its public-private partnership (PPP) activities. Specifically, we:
- Conducted institutional and functional assessments of BEZA and HTPA services, capacities, productivity, and resources and recommended improvements
- Conducted a training needs assessment of BEZA and HTPA staff
- Analyzed the strengths and weaknesses of the procurement procedures for selecting private-sector partners for EZ and HTP projects and provided recommendations
- Conducted a thorough legal analysis of concession agreements for EZs and HTPs and identified weaknesses and recommended improvements.
- Led presentations and workshops on the above matters