EIPP + BSMSN New City + ODA Linkage Overview
This section provides an integrated assessment of EIPP (Export and Import Policy Plan), the BSMSN smart city program in Bangladesh, and Korean ODA support. BSMSN is a new-city project being developed near Dhaka, modeled on Sejong and Pangyo experiences.
Through Korean ODA channels such as EDCF and KOICA, participation can expand across master planning, infrastructure delivery, and ICT system deployment in BSMSN, while EIPP approval can secure tax incentives for Korean firms. A coordinated strategy is therefore essential.
BSMSN New City
Project
Smart city
10,000+ acres
Area
Near Dhaka
$5B+
Total Investment
Master plan
$300M+
EDCF
Korean ODA
$30M+
KOICA
Technical cooperation
500K+
Planned Population
Target residents
200K+
Employment
Target jobs
Approved
EIPP
Tax benefits
BSMSN New City Plan
BSMSN New City Infrastructure Plan
| Sector | Scale | Korean Participation | Funding | Timeline |
|---|---|---|---|---|
| Roads and Transit | 200km+ | ITS and smart transport | EDCF | 2024-2030 |
| Water and Sewerage | Citywide | Smart water | ADB | 2024-2028 |
| Power | 500MW+ | Smart grid | JICA | 2024-2029 |
| ICT | Citywide | Smart city platform | KOICA | 2024-2027 |
| Housing and Commercial | 50,000+ units | Architecture and landscaping | Private sector | 2025-2035 |
ODA Linkage Structure
EDCF-linked Programs
Master plan$10M (feasibility study)
Road and transport$150M (ITS + roads)
Water and sewerage$100M (potable and wastewater)
ICT infrastructure$40M (smart city)
KOICA Technical Cooperation
Master planSejong transfer experience
Capacity buildingCity management staff
Pilot projectsSmart pilots
TrainingKorea dispatch programs
Korean Company Participation Opportunities
01
Smart city platform construction
Korean ICT firms can build an integrated smart city platform for BSMSN, including IoT, big data, and AI capabilities. Korean smart city references from Sejong and Pangyo can be adopted, and firms can participate from pre-feasibility studies through KOICA-linked implementation.
02
Urban infrastructure EPC
Korean construction firms can join EDCF-supported road, sewerage, and power infrastructure EPC works. EDCF financing offers favorable conditions for Korean firms, creating a clear competitive edge. Korea's urban development delivery experience in Sejong, Dongtan, and Wirye is a key selling point.
03
ITS and smart mobility exports
The new city plans include ITS, autonomous mobility infrastructure, EV charging stations, and smart parking. Korean smart mobility technologies can be bundled for export, supporting Bangladesh's ambition to position BSMSN as the first smart mobility city in Southeast Asia.
04
Architecture, landscaping, and public facilities
Korean firms can participate in designing and building 50,000+ housing units and civic facilities such as schools, hospitals, and parks. Local demand values Korean experience in apartment design, public facility architecture, and urban infrastructure execution.
EIPP + ODA Participation Flow
EIPP-BSMSN-ODA Participation Flow
KOICA cooperation
Master plan support
→↓
EDCF project
Conversion to core works
→↓
EIPP approval
Tax incentive lock-in
→↓
EPC execution
Infrastructure rollout
→↓
Private investment
Housing and commercial sectors
BSMSN New City is the highest-relevance smart city case where Korean ODA and EIPP together create the most favorable entry model for Korean firms through structured public and private cooperation.
EIPP Approval Committee ReportCheck the process and incentives of EIPP approval
Overseas Construction Trends 2023-2024Review overseas construction market trends and outlook
EIPPBSMSNSmart CityODADevelopment
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