Title: PPP Unit Bangladesh

Language: English

Type: Website

Nature: Laws and Regulations

Published: June 23, 2021

Region: South Asia

Country: Bangladesh

Topic: PPP Unit

Keywords: Legal Framework, PPP Regulation, PPP Law, PPP unit

Document Link(s):

Document Summary:

In August 2010, the Government of Bangladesh issued the Policy and Strategy for Public Private Partnership (PPP) to facilitate the development of core sector public infrastructure and services vital for the people of Bangladesh. The PPP program is part of the Government's Vision 2021 goal to ensure a more rapid, inclusive growth trajectory, and to better meet the need for enhanced, high quality public services in a fiscally sustainable manner.

Under this new national policy, the PPP Authority was established as a separate, autonomous office under the Prime Minister's Office to support sector line ministries to facilitate identification, development and tendering of PPP projects to international standards.

A PPP Unit under the Ministry of Finance was established to foster an environment of fiscal responsibility and sustainability in PPP projects, the MOF PPP Unit. The MOF PPP Unit has responsibility for overseeing the fiscal viability of PPP projects and sanctioning support funding for their development and financing.

Document Details:

The website for Infrastructure Investment Facilitation Center.

Infrastructure Investment Facilitation Company (IIFC), a global consulting company based in Bangladesh, was incorporated in 1999 as a company limited by guarantee under the Companies Act 1994. It became operational in January 2000. IIFC's objective is to provide a wide range of management consultancy services to clients around the world.

Updated: August 16, 2021