A policy framework for PPPs was introduced in Bangladesh as early as the mid 1990's with the Private Sector Power Generation Policy (PSPGP) 1996. This marked the launch of PPP projects in the power sector, with the 450MW Meghnaghat and 360MW Haripur Power Projects; two early success stories.

The policy for encouraging partnerships with the private sector continued throughout the 2000's with the introduction of PSIG 2004 (Private Sector Infrastructure Guidelines 2004). The Policy and Strategy for Public-Private Partnership (PPP), 2010 (PPP Policy 2010) has now been introduced (replacing the PSIG 2004) to update the policy framework and incorporate best international practice to further boost the use of the PPPs across multiple sectors and to provide a clear and transparent regulatory and procedural framework.

Figure 1: PPP Project Trend

*Source: Estimated from published list of signed and on-going projects of relevant government agencies.