Maxwell Stamp provided assistance to the IFC-managed Bangladesh Investment Climate Fund (BICF) in drafting rules and regulations for the Economic Zones Ordinance and reviewed relevant regulations. Specifically, this included:
- A comprehensive mapping of the regulatory and administrative functions and procedures;
- A comprehensive mapping of any and all functions that have automated components;
- A list of functions that constitute good candidates for automation, along with details of the automated system or procedures recommended and (a) the potential savings in staff time/cost of automating;
- Explanation of the recommended course of action;
- The capital cost of implementing such automation and the subsequent costs of operation;
- A prioritized shortlist of possible areas for substantial quick wins through streamlining and/or automation, along with a justification of the tasks selected;
- Background documentation on the tasks selected;
- An action plan with prioritized steps for adopting the recommended course of action;
- Analysis of possible areas of opposition to regulatory simplification and the sources of this opposition within and external to the BOI;
- Recommendations for Online Registration and E–Processing;
- Sector Profiles;
- Development of Investment Promotion Materials;
- Website Review and Recommendations for Upgrade;
- Promotional Campaign for “Underperforming” EPZs;
- Training Program Development;
- Administrative Streamlining and IT Management;
- Organization of Study Tours.