India's Largest Database on New Projects
PPP allocation still stays unutilised on policy dearth
2 February 2010: The Bangladesh Government has made a block allocation of Tk 2,500 crore in the budget for utilisation under PPP projects but none of the money was used during the first half of the fiscal year to the frustration of the policy makers.
The allocation was intended for funding infrastructure projects in different sectors including power, energy, roads and tourism in collaboration with private sector. It came in the wake of keen interest shown by local and foreign entrepreneurs to invest in infrastructure development in collaboration of the government as in other developing countries.
Also, the government is yet to finalise a policy to implement PPP projects.
Source: Bangladeshinfo