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KOICA to provide $9.65m grant to Bangladesh

BSS . Dhaka
10 Dec 2023 16:53:50 | Update: 10 Dec 2023 16:58:39
KOICA to provide $9.65m grant to Bangladesh

The government of Bangladesh and the Republic of Korea on Sunday signed the Record of Discussion (RoD) & Terms of Reference (ToR) for a $9.65 million grant for the project titled "Capacity Building of Statistics Services based on Platform".

KOICA will grant $9.65 million (approximately Tk 106.63 crore) for the project's implementation. Md Shahriar Kader Siddiky, secretary of the Economic Relations Division (ERD), and Park Young-sik, Ambassador of Korea in Bangladesh were present during the signing.

Dr Shahnaz Arefin, secretary of the Statistics and Informatics Division and Md. Anwar Hossain, Additional Secretary, (Asia, JEC and F&F), ERD on behalf of the government of Bangladesh and Taeyoung Kim, Country Director, KOICA signed the RoD and ToR on behalf of the Republic of Korea, said an ERD press release.

Since 1993, KOICA has been playing a vital role in Bangladesh's socio-economic development, supporting initiatives such as human resource development and the expansion of Information Technology.

The project's primary objectives are establishing an integrated Statistical Data warehouse and software tools to enhance statistics services and supporting equipment and system environment for the National Statistical Data Warehouse (NSDWH).

The project also aims to formulate a Master Plan in line with NSDS and design and build a Statistical Data Warehouse Platform, while strengthening the capacity of the Bangladesh Bureau of Statistics (BBS) and its partners.

Successful completion of the project will establish an integrated Central Storage for census and survey data and develop BBS as a one-nation platform for statistical data, removing bottlenecks in enhancing national statistical capacity.

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