The World Bank Implementation Status & Results Report Export Competitiveness for Jobs (P156113) Export Competitiveness for Jobs (P156113) SOUTH ASIA | Bangladesh | Finance, Competitiveness and Innovation Global Practice | IBRD/IDA | Investment Project Financing | FY 2017 | Seq No: 8 | ARCHIVED on 24-Feb-2021 | ISR45153 | Implementing Agencies: People's Republic of Bangladesh, Ministry of Commerce Key Dates Key Project Dates Bank Approval Date: 01-Jun-2017 Effectiveness Date: 18-Dec-2017 Planned Mid Term Review Date: 11-Dec-2020 Actual Mid-Term Review Date: 07-Dec-2020 Original Closing Date: 30-Jun-2023 Revised Closing Date: 30-Jun-2023 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project Development Objective (PDO) is to contribute to export diversification and more and better jobs in targeted sectors. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name 1. Market Access Support Program:(Cost $28.00 M) 2. Productivity Enhancement Program:(Cost $50.60 M) 3. Public Investment Facility for Infrastructure Constraints:(Cost $36.00 M) 4. Project Management, Monitoring & Evaluation:(Cost $4.52 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Unsatisfactory Moderately Unsatisfactory Overall Implementation Progress (IP) Moderately Unsatisfactory Moderately Unsatisfactory Overall Risk Rating Substantial Substantial Implementation Status and Key Decisions Project implementation is ongoing but delays have affected progress in achieving its development objective. Delays in awarding grants as part of the Public Investment Facility for Infrastructure Constraints (PIFIC) and windows 2 and 3 of the Export Readiness Fund (ERF) have affected the project’s ability to achieve its development objective. However, ERF’s window 1 has awarded 361 grants (as of Nov 30, 2020) and it is close to reaching its target of 400 firms through the provision of environmental and social quality (ESQ) assessments. Moreover, sector level ESQ awareness raising events reached more than 5,000 factory level workers and management staff across all four sectors. Two market linkage events were supported, resulting in identification of new buyer and investors. The feasibility assessments for four Technology Centers (TCs) were also completed and extensive activity has occurred to identify and obtain sites for the TCs. Since the September mission, the project has launched calls for proposals for both PIFIC and ERF’s windows 2 and 3. 2/24/2021 Page 1 of 7 The World Bank Implementation Status & Results Report Export Competitiveness for Jobs (P156113) The project restructuring to include the Medical and Personal Protective Equipment (MPPE) as a fifth target sector was approved by the World Bank in late 2020 and by the Government of Bangladesh in January 2021. This Covid-19 Emergency Response Fund (Window 4) is now expected to launch by end of February 2021. The MTR mission agreed to make changes to the project given the discussions with the private sector, an assessment of the project’s implementation progress and challenges, and the unique contingencies of the pandemic. The agreed changes include: i) expediting the launch of Covid-19 Emergency Response Fund (Window 4); ii) digitizing the training content prepared by the project; iii) optimizing the design, construction plans and construction approach for the TCs for rapid development with the project financing the construction costs of two out of the four TCs; iv) broadening PIFIC support towards shared facilities rather than being limited to basic infrastructure, which can accelerate disbursement and address market failures; v) strengthening the M&E system to capture required data to track project progress; and vi) strengthening the PIU to prepare for and provide oversight to the construction of TCs and PIFIC subprojects. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Substantial Substantial Substantial Macroeconomic Moderate Moderate Moderate Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program Substantial Moderate Moderate Institutional Capacity for Implementation and Substantial Substantial Substantial Sustainability Fiduciary Substantial Moderate Moderate Environment and Social Substantial Substantial Substantial Stakeholders Substantial Substantial Substantial Other -- High Moderate Overall Substantial Substantial Substantial Results PDO Indicators by Objectives / Outcomes Cotribute to export diversification and more and better jobs in targeted sectors. IN00950879 ►Number of firms directly exporting in targeted sectors (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 501.00 713.00 713.00 647.00 Date 31-Dec-2015 29-Feb-2020 29-Feb-2020 29-Dec-2023 IN00950884 2/24/2021 Page 2 of 7 The World Bank Implementation Status & Results Report Export Competitiveness for Jobs (P156113) ►Number of new jobs created in targeted sectors (Number (Thousand), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 90.60 Date 31-Dec-2016 29-Feb-2020 29-Feb-2020 29-Dec-2023 IN00950889 ►Average wage growth in beneficiary firms in targeted sectors (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 33.80 Date 31-Dec-2016 29-Feb-2020 29-Feb-2020 29-Dec-2023 IN00950892 ►Direct project beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 5,570.00 8,514.00 31,700.00 Date 31-Dec-2016 29-Feb-2020 24-Sep-2020 30-Jun-2023 IN00950897 Female beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 25.00 25.00 25.00 30.00 Overall Comments PDO The achievement of PDO indicators has been affected by delays in the calls for proposals for the small and large grant windows of the Export Readiness Fund (ERF) and for the Public Investment Facility for Infrastructure Constraints (PIFIC) due to the Covid-19 pandemic and DDP processing delays. Intermediate Results Indicators by Components 1. Market Access Support Program IN00950880 ►Number of ESQ compliance assessments (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 9.00 206.00 400.00 Date 30-Dec-2016 29-Feb-2020 30-Nov-2020 30-Jun-2023 IN00950885 2/24/2021 Page 3 of 7 The World Bank Implementation Status & Results Report Export Competitiveness for Jobs (P156113) ►Number of matching grant firm beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 250.00 Date 30-Dec-2016 29-Feb-2020 29-Feb-2020 30-Jun-2023 IN00950890 ►Value of private co-investment generated by ERF (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 18,000,000.00 Date 30-Dec-2016 29-Feb-2020 29-Feb-2020 30-Jun-2023 IN00950893 ►Sales growth of ERF beneficiary firms (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 15.40 Date 31-Dec-2016 29-Feb-2020 29-Feb-2020 29-Dec-2023 IN00950895 ►Number of recognized new ESQ certifications and/or accreditations obtained by ERF beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 31-Dec-2016 29-Feb-2020 29-Feb-2020 30-Jun-2023 IN00950896 ►Increase in revenue from MPPE output of grantees (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 15,000,000.00 Date 07-Oct-2020 -- 07-Oct-2020 30-Jun-2023 2. Productivity Enhancement Program IN00950881 ►Number of TC feasibility assessments completed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 4.00 4.00 4.00 Date 31-Dec-2016 29-Feb-2020 24-Sep-2020 30-Jun-2023 Comments: Feasibility of Design and Technology Center for leather sector was completed 2/24/2021 Page 4 of 7 The World Bank Implementation Status & Results Report Export Competitiveness for Jobs (P156113) IN00950886 ►Number of TCs operating (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 4.00 Date 31-Dec-2016 29-Feb-2020 29-Feb-2020 30-Jun-2023 IN00950891 ►Utilization rate of installed equipment in TCs (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 42.00 Date 31-Dec-2016 29-Feb-2020 29-Feb-2020 31-Dec-2023 IN00950894 ►Number of skill development content/modules developed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 4.00 4.00 10.00 Date 31-Dec-2016 29-Feb-2020 29-Feb-2020 30-Jun-2023 3. Public Investment Facility for Infrastructure Constraints IN00950882 ►Number of infrastructure feasibility studies completed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 20.00 Date 31-Dec-2016 29-Feb-2020 29-Feb-2020 30-Jun-2023 IN00950887 ►Firms benefiting from infrastructure improvements (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 19,000.00 Date 31-Dec-2016 29-Feb-2020 29-Feb-2020 30-Jun-2023 4. Project Management, Monitoring & Evaluation IN00950883 ►Share of complaints and grievances received by the project that are recorded, addressed satisfactorily and the actions documented in the established grievance redressal mechanism (Percentage, Custom) 2/24/2021 Page 5 of 7 The World Bank Implementation Status & Results Report Export Competitiveness for Jobs (P156113) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 90.00 Date 31-Dec-2016 29-Feb-2020 29-Feb-2020 30-Jun-2023 IN00950888 ►Beneficiaries that feel project investments reflect their need (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 75.00 Date 31-Dec-2016 29-Feb-2020 29-Feb-2020 30-Jun-2023 Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P156113 IDA-60420 Effective USD 100.00 100.00 0.00 19.27 85.73 18% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P156113 IDA-60420 Effective 01-Jun-2017 05-Nov-2017 18-Dec-2017 30-Jun-2023 30-Jun-2023 Cumulative Disbursements 2/24/2021 Page 6 of 7 The World Bank Implementation Status & Results Report Export Competitiveness for Jobs (P156113) PBC Disbursement Achievement Disbursed amount in Disbursement % PBC ID PBC Type Description Coc PBC Amount Status Coc for PBC Restructuring History Level 2 Approved on 26-Nov-2020 ,Level Approved on 13-Jan-2021 Related Project(s) There are no related projects. 2/24/2021 Page 7 of 7