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Businesses want more Public-Private partnership projects

image001Businessmen called for strengthening public-private partnership (PPP) initiatives to develop infrastructures and attract investments to the productive sectors.

They also laid emphasis on formulating PPP policy soon, saying PPP is the best option to remove the country’s infrastructural bottlenecks.

The urge was made at a seminar titled “Round Table Discussion on PPP in Bangladesh” jointly organised by PPP Office under Prime Minister’s Office, Dhaka Chamber of Commerce and  Industry (DCCI) and Business Initiative Leading Development (BUILD) at the DCCI office in the city yesterday.

DCCI President Mohammad Shahjahan Khan chaired the seminar, attended by Senior Secretary to the Prime Minister Md Abul Kalam Azad was present as chief guest and BUILD Chairman Asif Ibrahim as special guest.

“Development of infrastructure is a must for the fast growing development of economy and PPP can be the best option for attracting local and foreign investments,” said DCCI President Mohammad Shahjahan Khan.

“Formulation of PPP policy within shortest possible time and a business-friendly environment is important. Investment policy should also be made easier,” he added.

Khan sought more active PPP projects for building sea ports, railway development, waste management and tourism sector.

In his keynote presentation, Chief Executive Officer of PPP Office Syed Afsor H Uddin said the main focus of PPP is to open up investment opportunities and to deliver public services through the private sector.

Senior Secretary Md Abul Kalam Azad stated PPP projects are taken in a transparent way under the direct supervision of PMO and can play a vital role in future projects.

He cited Dhaka-Chittagong four-lane project, Joydebpur-Mymensing four-lane project and different projects in the energy sector as “successful PPP projects.”

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Source: Dhaka Tribune

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