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Events

Prime Minster Chairs first Board of Governors Meeting Under the PPP Act

Posting Date: 3 March, 2016

On 3 March 2016, the Honorable Prime Minister Sheikh Hasina chaired the first meeting of the Board of Governors to review the activities of the PPP Authority established under the Public-Private Partnership Act 2015 (PPP Act). The PPP Act was enacted in September 2015 to provide a robust legal framework for the PPP Program in Bangladesh. The PPP Authority has been established to facilitate and promote the development of public sector infrastructure by attracting local and international private sector investments.

At the first Board of Governors meeting, the CEO of the PPP Authority, providing a briefing on the implementation and progress of PPP activities in the country over the last couple of years. A large portfolio of PPP projects has now been established with a pipeline of 23 projects with an estimated initial value of US$14 billion across a number of sectors. Contract for 7 PPP projects with an estimated value of US$ 1.3 billion have been signed. 12 PPP projects with an estimated value of US$ 1 billion are in the final stages of competitive tendering. 9 projects are undergoing feasibility analysis, and are expected to attract an additional US$5 billion.

Speaking at the meeting, Honorable Prime Minister Sheikh Hasina stressed the importance of expediting the pace of development saying, "We want to accelerate the pace of development in the country, but this is not possible for the government alone…there's also a need for PPP initiatives." Sheikh Hasina cited that the private sector had played a key role in the development of South Korea. Highlighting the bright prospects of PPP projects in the country, the Prime Minister said many projects have so far been implemented under PPP, and asked the authorities concerned to always look for the country's benefits while moving ahead with PPP projects.

The meeting decided that the Prime Minister as chairperson of the Board of Governors would look after the policy issues, while the PM's Principal Secretary, as the chairman of the PPP Authority, will look after the issues for removing the obstacles to project implementation, and the Chief Executive Officer of the PPP Authority will look after the operational aspects. Finance Minister AMA Muhith, Road Transport and Bridges Minister Obaidul Quader, Housing and Public Works Minister Engineer Mosharraf Hossain, Civil Aviation and Tourism Minister Rashed Khan Menon, Railways Minister Muzibul Haque, State Minister for Finance and Planning MA Mannan and State Minister for ICT Junaid Ahmed Palak, among others, attended the meeting.

Note 1: The PPP Act is facilitating the development of core sector public infrastructure and services vital for the people of Bangladesh and PPP Authority plays pivotal role in ensuring an efficient and comprehensive development of the PPP program. This includes development of policy, regulations and guidelines, development of standard documentation, appointment of consultants and advisors, providing concurrence and opinions in relation to PPP projects, as well as organizing capacity building seminars and training sessions for the relevant stakeholders.

Note 2: Bangladeshi’s PPP program will not only finance the design, construction, operation and maintenance for much needed infrastructure but will also bring new technology, private sector efficiency and thousands of jobs for those that need them most.

 
EVENTS ARCHIVE
2017 (1)
PPP Authority signed G2G Memorandum of Cooperation (MoC) with Ministry of Land, Infrastructure, Transport and Tourism MLIT, Japan
28 June, 2017
 
2016 (8)
PPP Stakeholder Workshop with Bangladesh Municipal Development Fund (BMDF) and UNCDF
21 November, 2016
PPP Authority signed ‘PPP Financing Partnership’ MOU with 14 Financial Institutions
4 November, 2016
Prime Minster Chairs first Board of Governors Meeting Under the PPP Act
3 March, 2016
Signing of the development Agreement & Permit giving ceremony for Mongla Economic Zone
26 February, 2016
Commencement of Project Development Activities for “Establishment of International Standard Tourism Complex at Existing Motel Compound of BPC at Sylhet”
25 February, 2016
PPP Stakeholder Workshop with Ministry of Industries
24 February, 2016
Stakeholder Workshop on Draft Feasibility Report of "Construction & Operation of Inland Container Terminal at Khanpur" under PPP
28 January, 2016
PPP Stakeholder Workshop with Ministry of Environment & Forest
7 January, 2016
 
2015 (13)
Pre-application Meeting
28 October, 2015
Pre-application Meeting
27 October, 2015
Pre-application Meeting
26 October, 2015
Pre-bid Meeting
22 September, 2015
Enactment of the Bangladesh Public-Private Partnership (PPP) Act, 2015
20 September, 2015
Commencement of Project Development Activities for Establishment of International Standard Tourism Complex at Existing Motel Upal Compound of BPC at Cox’s Bazar
16 August, 2015
Pre-Application Meeting
31 May, 2015
Commencement of Project Development Activities for Establishing Bangladesh Railways Medical College in Chittagong
9 April, 2015
Commencement of Project Development Activities for Construction & Operation of Inland Container Terminal (ICT) at Khanpur on PPP basis
30 March, 2015
Commencement of Project Development Activities for Construction of Laldia Bulk Terminal at Chittagong on PPP basis
30 March, 2015
Expanding Public Health Services through PPP
12 March, 2015
Stakeholder Workshop on Development of Integrated Tourism and Entertainment Village at Cox’s Bazar
26 February, 2015
Contract Signing with Private Investor for Establishment of Two Out Patient Hemodialysis Centers at NIKDU Hospital, Dhaka and CMC Hospital, Chittagong on Public Private Partnership Model
27 January, 2015
 
2014 (13)
Seminar of Draft PPP Law
22 October, 2014
Commencement of Project Development Activities for setting up of 5 star hotel at Zakir Hossain Road, Chittagong
16 October, 2014
International Investors Forum Bangladesh 2014 for promoting investment climate in Bangladesh
17 September, 2014
Dhaka-Chittagong Expressway Contract Signing for Feasibility Study and Detailed Design
03 July, 2014
Commencement of Project Development Activities for Integrated Tourism and Entertainment Village at Cox's Bazar
30 June, 2014
Round Table Discussion on PPP in Bangladesh
31 May, 2014
PPP Stakeholders Workshop with Focal Points
8 May, 2014
PPP Stakeholder Workshop with Senior GoB Officials
30 April, 2014
Project Development for Upgrading the Hemayetpur-Singair-Manikganj Road into 4 lane expressway on PPP basis
27 April, 2014
Transaction Advisor Appointed for Construction of Flyover from Shantinagar to Dhaka-Mawa Road (Jhilmil) on PPP basis
27 April, 2014
PPP Stakeholders Workshop with Planning Commission
17 April, 2014
PPP Stakeholders Workshop with Focal Points
3 April, 2014
Inauguration of the Project Development for Mirpur Housing under PPP modality
27 February, 2014
 
2013 (11)
Start of the Project Development for Dhaka By-Pass Road under PPP modality
12 December, 2013
Pre-Bid Meeting held for Development of Jetties at Mongla Port through PPP
10 October, 2013
PPP Office Organizes Round Table discussion with Development Partners
9 October, 2013
Stakeholder Consultation for PPP Project Abasar
7 October, 2013
PPP Training in HPN (Health Population & Nutrition) sector
17 June, 2013
Workshop on enhancement of long-term PPP Financing
4 May, 2013
Workshop on "PPP in Tourism"
14 March, 2013
Inter-ministerial meeting on draft PPP Law, 2013
14 March, 2013
PPP Stakeholders' Workshop
28 January, 2013
Workshop on "Sharing PPP Experiences"
24 January, 2013
PPP key to realizing vision 2021 development goals
1 January, 2013
 
2012 (5)
Workshop on PPP Training Needs Assessment
10 November, 2012
PPP Office attended View Exchange meeting on IPFF Financing for potential PPP projects
8 October, 2012
Government of Bangladesh to Expand Affordable Dialysis Service through Public-Private Partnership
17 September, 2012
PPP Office Consult with BUILD
10 June, 2012
PPP Office Consult with PFI
5 June, 2012
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