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World Bank is made up of two unique development institutions
owned by 184 member countries—the International Bank for
Reconstruction and Development (IBRD) and the International
Development Association (IDA). Being a leading form from
Bangladesh Doulah & Doulah has extended its co-operation to
its developing operation since long. Doulah & Doulah first
associated with Bangladesh through its project finance
support to World Bank in 1982 regarding financing of
Chittagong Urea Fertilizer Company, Since then World Bank
and Doulah & Doulah are associated with each other in a
number of matters. Some major projects that Doulah & Doulah
extensively worked on with World Bank are as follows:
Chittagong Urea Fertilizer Limited – We were
appointed by Asian Development Bank (ADB) and ANZ Banking
Group, the financers of the said Project, to act for them in
financing the reclamation of Chittagong Urea Fertilizer
Project with the aim of establishing Urea Fertilizer Plant
in Chittagong Site. We worked in the said project under
supervision of Allen & Overy, Singapore
Satellite Towns Project - In this project we assisted
World Bank in financing of a major telecommunication project
to be executed by Siemens Networks
Financial Sector Reform Project (FSRP) – In 1995-96
A.B.M. Badrud Doulah and A.B.M. Shamsud Doulah, both
Advocates and partners of Doulah & Doulah worked for the
project under official assignment from the World Bank,
Ministry of Law of Bangladesh and Bangladesh Bank. The
objectives of the project were to formulate framework and
guidelines for the economic recovery of Bangladesh Economy,
financial sector reform etc. Also under this project they
have drafted The Bankruptcy Act, 1997 along with Mr. James
C. Regan, reputed American Bankruptcy Attorney of Los
Angeles, USA at the instance of Bangladesh Bank and World
Bank. The said Project was being financed by ADB and World
Bank.
Doing Business Project - World Bank started the
“Doing Business” project back in 2000 under its Doing
Business unit. Unlike some other Law Firms of Bangladesh
Doulah & Doulah was officially appointed by World Bank for
the core research and analysis for a number of areas from
the very beginning under official contract for the project.
Doulah & Doulah is a regular consultant to World Bank in
respect
a.
Structurized Business Regulation ;
b.
Labor & Employment Regulations;
c.
Secured Transactions;
d.
Bankruptcy & Insolvency regulations;
e.
Credit facilities;
f.
Real Asset Regulations
g.
Investor Rights
Impediments to International Integration Project –
Bangladesh 2007 - In 2007 Doulah & Doulah has been awarded
the “Impediments to International Integration” Project.
Under the project Doulah & Doulah would analyse the laws,
regulation, procedure, consent, permit & License
requirements in respect to the thrust investment sectors in
Bangladesh e.g. Banking, Insurance, Mobile Operation, Ware
House, Aviation, Shipping, Industry etc. Doulah & Doulah
being the market leader in respect of such analysis would
identify policy and regulatory barriers faced by foreign
providers who wish to enter these sectors and formulate
necessary guideline and recommendation for necessary
reforms.
Corporate Governance Project – Bangladesh 2008 – At
the latest Doulah & Doulah has just won the World Bank
Project “Corporate Governance 2007”. The corporate
governance assessments and recommendations are prepared
under the joint World Bank/IMF Reports on the Observance of
Standards and Codes (ROSC) program. It is emphasized on the
role of international standards – such as the OECD
Principles of Corporate Governance -- in strengthening the
international financial architecture. In a world of
integrated capital markets, financial crises in individual
countries can imperil international financial stability. At
the international level, international standards enhance
transparency and multilateral surveillance. They highlight
weaknesses that may contribute to economic and financial
vulnerability, foster market efficiency and discipline, and
ultimately contribute to a global economy that is more
robust and less prone to crisis. At the national level, such
standards help identify vulnerabilities and guide policy
reform. |
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