Chief Executive Officer's Note
| Chief Executive Officer's Note | |
|
Syed Afsor H. Uddin |
|
Dear Stakeholder,
| 2015/16 marked a pivotal year for the public private partnership ("PPP") program in Bangladesh. The enactment of the Bangladesh Public Private Partnership Act ("PPP Act 2015), the publication of the Procurement Guidelines for PPP projects ("PGP 2016") and the institutional establishment of the PPP Authority under the Board of Governors completed the regulatory framework for PPP projects. The legal environment has now been established, the processes are set out, and the systems are in place for Government ministries and agencies to develop public sector infrastructure projects in partnership with the private sector. | "2015/16 marks a pivotal year for the public private partnership ("PPP") program in Bangladesh" |
Through the establishment of the PPP regulatory framework Government's strategy to introduce an additional mechanism to meet the gaps in infrastructure service provision has been successfully delivered. With this achievement Government can now prioritise the delivery of critical infrastructure projects using private sector investment and support the on-going development work that is being carried out using public funds.