The main agenda of this project is to boost digitisation of the steps related to the import and export. Also, it aims to improve the cooperation among the customs and other authorities on trade facilitation and custom compliance issues.
For the successful implementation of this project, the sea and land ports infrastructure will be renovated and the trade facilitating offices will be installed with better and new technologies. Government has decided a total of US $ 87 million investment in the development of the land ports.
Moreover, Bangladesh government has decided to develop the National Board of Revenue (NBR) offices. This development will ease the release of trade-related documents and accelerate the revenue collection process. A total investment of US $ 74.10 million has been decided to be spent for modernising the NBR offices.
The government will receive financial help from the World Bank in each of its investments. Also, it is working to bring together facilitators like the land and Chittagong ports, the National Board of Revenue, railway division, Economic Relations Divisions and Commerce Ministry for creation of a single window.
“Poor connectivity is one of the major barriers to regional trade for Bangladesh; although, many countries have already resolved such crisis by creating a single window for business,” said Commerce Minister, Tofail Ahmed.