Economic Reporter :
Chief Executive Officer of Public Private Partnership (PPP) Authority Syed Afsor H Uddin underscored the importance for forming a Public-Private Infrastructure Platform and a National Infrastructure Plan for fast implementation and monitoring large mega infrastructure projects.
“A national infrastructure execution committee can also be formed for proper and timely implementation of mega projects,” he said during a meeting with the Board of Directors of Dhaka Chamber of Commerce and Industry (DCCI) on Sunday.
Syed Afsor said lack of finance, skilled manpower, specialist project delivery team and lengthy procedures in feasibility study are some major challenges in timely execution of PPP projects.
By the year 2018, about US$1.6 billion will be spent for about 13 mega PPP projects which include road sector, township, tourism sector, health sector, port sector and industrial sector, he said.
The CEO said that in terms of investing in PPP projects the investor will get tax and VAT exemption for 10 years from the time of operation.
DCCI president Abul Kasem Khan proposed to include private sector in the PPP Board for faster implementation of PPP projects in future. He also proposed to form “National Infrastructure Development and Monitoring Advisory Authority” (NIDMAA) to implement and monitor large mega infrastructure projects.
Abul Kasem Khan also suggested forming an Infrastructure Bond under the stock market for facilitate financing of large infrastructure projects.
PPPA Chief for public-private infrastructure platform
Chief Executive Officer of Public Private Partnership (PPP) Authority Syed Afsor H Uddin underscored the importance for forming a Public-Private Infrastructure Platform and a National Infrastructure Plan for fast implementation and monitoring large mega infrastructure projects.
“A national infrastructure execution committee can also be formed for proper and timely implementation of mega projects,” he said during a meeting with the Board of Directors of Dhaka Chamber of Commerce and Industry (DCCI) on Sunday.
Syed Afsor said lack of finance, skilled manpower, specialist project delivery team and lengthy procedures in feasibility study are some major challenges in timely execution of PPP projects.
By the year 2018, about US$1.6 billion will be spent for about 13 mega PPP projects which include road sector, township, tourism sector, health sector, port sector and industrial sector, he said.
The CEO said that in terms of investing in PPP projects the investor will get tax and VAT exemption for 10 years from the time of operation.
DCCI president Abul Kasem Khan proposed to include private sector in the PPP Board for faster implementation of PPP projects in future. He also proposed to form “National Infrastructure Development and Monitoring Advisory Authority” (NIDMAA) to implement and monitor large mega infrastructure projects.
Abul Kasem Khan also suggested forming an Infrastructure Bond under the stock market for facilitate financing of large infrastructure projects.
PPPA Chief for public-private infrastructure platform
