Bangladesh Smart City Development Project
City: Feni, Laksham, Mirrersharai
Key Stakeholders and PartnersAsian Infrastructure Investment Bank (AIIB)
Project Preparation Study Period2022 - TBD
CDIA SupportUS$ 500,000
Expected Downstream FinancingAsian Infrastructure Investment Bank (AIIB) (tbc)
CDIA priority impact areasClimate Change Mitigation and Adaptation; Environmental Improvement; Good Governance; Poverty Reduction
Key City Development Issues
Bangladesh is facing tremendous infrastructure deficits and low service quality in core urban services. The country is also highly vulnerable to natural disasters, climate change and, as the COVID-19 emergency revealed, to pandemics. A momentum is being built to make cities smarter, more efficient, and resilient, leveraging on the country’s ongoing and potentially promising urbanization, improved transport connectivity and technological advancements.
Details of Cooperation
The proposed Bangladesh Smart Cities Development Project (BSCDP) will help participating cities, considered as an urban cluster, with urban service improvement, institutional strengthening and e-governance aspects.
Under the Project Preparation Study (PPS), CDIA will adopt an integrated smart city development approach and prepare the investment components along one priority cluster comprising the cities of Laksham, Feni, and Mirrersharai. It will work with them to prioritize sub-projects toward smart and climate-resilient urban systems and infrastructure in some of the following sectors: water supply and sanitation, drainage, urban mobility, solid waste management, flood protection, and public spaces.
The PPS will be the basis for subsequent feasibility study and due diligence work to be carried out by a team administered by AIIB.