Overview of the EIPP 2022 Conference
The 2022 annual EIPP conference was held in Dhaka to present the program's yearly performance and share plans for the following year. Around 300 participants attended, including government officials from Korea and Bangladesh, investing companies, and representatives of international organizations. The conference highlighted major outcomes such as USD 120 million in attracted investment, 15 new tenant companies, and five infrastructure improvement projects.
Detailed 2022 Results
2022 was the first year in which EIPP moved into full-scale operation, recording an overall achievement rate of roughly 80% against target. Investment attraction reached USD 120 million, equal to 80% of the USD 150 million goal, while 15 tenant companies represented 75% of the 20-company target. However, the foreign exchange crisis delayed investment decisions in the second half of the year, concentrating a large share of performance toward year-end.
| KPI | Target | Actual | Achievement | Note |
|---|---|---|---|---|
| Investment attraction | $150M | $120M | 80% | Affected by the H2 FX crisis |
| New tenants | 20 firms | 15 firms | 75% | Multinational mix from 7 countries |
| Job creation | 5,000 | 3,800 | 76% | Lag in factory commissioning |
| Infrastructure execution | $100M | $85M | 85% | Five projects completed |
| Policy recommendations | 15 | 18 | 120% | KDI consulting exceeded plan |
| PCP processing | 30 | 27 | 90% | 17 approvals, or 63% |
Infrastructure Project Highlights
The five infrastructure projects executed in 2022 focused on strengthening the core capabilities of economic zones. Power stabilization in Mirsarai and road construction in Araihazar accounted for the largest shares, and Korean companies participated in design and construction, generating a tangible technology-transfer effect.
Lessons Learned and the 2023 Plan
The central lesson from 2022 was that the program needed to internalize resilience mechanisms against external shocks such as an FX crisis. The 2023 plan therefore added stronger links to investment insurance programs backed by MIGA and K-SURE, closer use of synergies with the IMF program, and the rollout of a digital investment platform.