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Cabinet approves draft PPP bill

The cabinet approved Monday (28 October 2013)  the draft Public- Private-Partnership Bill, 2013 aiming to expedite the country’s economic development.

“The cabinet approved the draft Public- Private-Partnership Bill, 2013 to give the existing policy and strategy for PPP an effective legal shape for expediting the country’s development initiatives,” cabinet secretary Md Musharraf Hossain Bhuiyan told the media after regular cabinet meeting at the conference room of the cabinet division on the day.

Prime Minister Sheikh Hasina presided over the meeting held at the Bangladesh Secretariat.

The cabinet secretary said there are seven chapters and 68 sections in the proposed PPP law. There will be a PPP office headed by a Chief Executive Officer (CEO).

He said the proposed law defined various terms and conditions that include the process of determining private partners, cancellation and extension of the agreements and negotiation process and scope for accepting unsolicited proposals.

He said the government will enjoy extra advantage in case of cancelling the agreements of PPP projects while disputes would be resolved through arbitration law.

Mr Bhuiyan said the projects under the PPP would be taken where absolute private project is not viable and it should be income generating one.

He, however, said the priority projects of the government could be implemented through a separate committee without following the law.

The cabinet approved Comilla University (Amendment) Act, 2013, Barisal University (Amendment) Act, 2013, Khulna Agriculture University Act, 2013 and Chittagong Hill Tracts (CHT) Development Board Bill, 2013.

As per the proposed law, the ceiling of approving any single project by the CHT Development Board has been increased to Tk 20 million from Tk 5 million for the wellbeing of the hill people.

It also approved the strategy paper titled ‘National Strategy for the Development of Statistics (NSDS)’ with a vision for upgrading the National Statistical System at international standard.

Replying to a question, the cabinet secretary said there was no discussion on the much-hyped dialogue and the caretaker government issues in the cabinet meeting.

He said the proposal from Ministry of Education on Quomi Madrasa was not placed in the meeting.

It also apprised of the participation of Bangladeshi delegation led by Prime Minister in the 68th UN General Assembly from September 23- 29, 2013 and participation of high-powered delegation led by foreign minister Dr Dipu Moni in the meeting on Culture of Peace and Non-violence in UN Headquarter on September 6 last.


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