E-procurement begins

The World Bank is providing $55 million for the $60 million Digitising Implementation Monitoring and Public Procurement Project. (DIMAPPP).

The main objective of the project is to improve overall public procurement management in the country.  

The Central Procurement Technical Unit (CPTU) of Implementation Monitoring and Evaluation Division (IMED), Ministry of Planning, organised the launching of DIMAPPP at a hotel in the capital on Wednesday.

Finance Minister AMA Muhith inaugurated the five-year project at a ceremony in presence of AHM Mustafa Kamal, planning minister, MA Mannan, state minister for finance and planning, and Qimiao Fan, country director of the WB Bangladesh.

In Bangladesh, annual expenditure on public procurement amounted to over $7 billion in recent years, representing 70 percent of the annual development programme.

With support from World Bank, the CPTU will implement the project having four components for five years (July 2017 to June 2022). The components are: Restructuring of CPTU and Institutionalizing e-GP, Enhancing Digitization of Public Procurement, Professio-nalization of Procurement and Citizen Engagement, and Digitizing Project Implementation Monitoring.

E-procurement begins

The World Bank is providing $55 million for the $60 million Digitising Implementation Monitoring and Public Procurement Project. (DIMAPPP). The main objective of the project is to improve overall public procurement management in the country. The Central Procurement Technical Unit (CPTU) of Implementation Monitoring and Evaluation Division (IMED), Ministry of Planning, organised the launching of DIMAPPP at a hotel in the capital on Wednesday. Finance Minister AMA Muhith inaugurated the five-year project at a ceremony in presence of AHM Mustafa Kamal, planning minister, MA Mannan, state minister for finance and planning, and Qimiao Fan, country director of the WB Bangladesh. In Bangladesh, annual expenditure on public procurement amounted to over $7 billion in recent years, representing 70 percent of the annual development programme. With support from World Bank, the CPTU will implement the project having four components for five years (July 2017 to June 2022). The components are: Restructuring of CPTU and Institutionalizing e-GP, Enhancing Digitization of Public Procurement, Professio-nalization of Procurement and Citizen Engagement, and Digitizing Project Implementation Monitoring.