Bangladesh IC for Industry- Agribusiness

completed

The project will focus on addressing the main regulatory and policy constraints that adversely affect the performance of the agribusiness sector throughout the value chain/s with the objective of catalyzing investment. The project will work in two components: Component 1: streamline regulatory framework in agribusiness • Streamline input market regulations through harmonization of seed variety development and quality control legislation. • Improve the regulatory framework on post-harvest infrastructure through reducing the cumbersome regulatory requirements in opening and operating cold storage and warehouses. • Improve the regulatory framework on food safety and standards by upgrading and harmonizing food product standards and introducing modern food safety process certification systems. • Regulatory framework for contract farming through establishing an effective regulatory framework, ensuring enforceability from processors and producers. Component 2: strengthening investment facilitation supports • Strengthening institutional support to implement agri-sector specific investment facilitation strategy to ensure effective coordination among stakeholders aimed at strengthening investment facilitation efforts. • Investment facilitation and attracting investors through developing value proposition for identified opportunities and mechanism for effective investor outreach.