The World Bank has agreed to provide a concessional loan of $34.5 million to Bangladesh to prop up the country’s electronic procurement infrastructure to enhance the use of electronic procurement at the Roads and Highways Department, Local Government Engineering Department, Rural Electrification Board and Bangladesh Water Development Board.
These four agencies spend a major portion of public money and invite bids to complete projects. These agencies will have to make 10,000 procurements using the electronic procurement system in the next three years, according to the agreement. Also, the project aims to scale up e-procurement activities in 20 more government agencies.
Source: http://www.thedailystar.net/beta2/news/world-bank-to-help-expand-e-procurement/
es on 