Saturday 4 July 2020 ,
Saturday 4 July 2020 ,
Latest News
  • Bangladesh gearing up for new era of taxation
  • Bangladesh now 8th in global weekly increase of Covid-19 cases: WHO
  • Covid-19 death toll nears 2,000 in Bangladesh
  • Covid-19 Bangladesh: Total cases raise to 1,56,391 as death toll now 1,968
  • 40 judges infected with Covid-19
  • Capital's Wari goes under 21-day lockdown from today
  • Modi makes surprise China border visit after clash
  • Buriganga launch capsize 'surviror' flees from hospital
  • Coronavirus Hotline Numbers: 01944333222, 16263, 333; website: www.corona.gov.bd
12 November, 2019 00:00 00 AM
Print

Cabinet okays bill to implement G2G projects under PPP

UNB, Dhaka

The cabinet yesterday approved in principle the draft of the ‘Bangladesh Public-Private Partnership (PPP-Amendment) Bill, 2019’ to pave the path for undertaking and implementing the G2G (government-to-government) projects under PPP as well.

The approval came from the weekly cabinet meeting held at the Bangladesh Secretariat with Prime Minister Sheikh Hasina in the chair.

“There’s no provision to implement G2G schemes in the existing Bangladesh Public-Private Partnership (PPP) Act, 2015. After the enactment of the PPP Act, 2015, the government took initiatives for the execution of the PPP projects (G2G PPP) with different countries,” said Cabinet Secretary Khandker Anwarul Islam while briefing reporters after the meeting.

He said Bangladesh has already signed a number of memoranda/cooperation of understanding with Japan, Singapore, South Korea and the UAE under the ‘Policy for Implementing PPP Projects through the G2G law framed in 2017.

Other counties have also shown their interest to undertake schemes in this process, said Khandker Anwarul Islam adding that the provision for undertaking and implementing the G2G projects is also there in the proposed law.

The PPP Act 2015 was framed to create partnership with private sector by attracting local and foreign investments, aiming to improve the living standard of people and expediting the country’s socioeconomic progress as well as building infrastructures.

The cabinet meeting also adopted a condolence motion expressing deep shock at the death of veteran politician Moinuddin Khan Badal, MP who passed away at a hospital in Bangalore, India on Thursday at the age of 67.

 

Comments

Most Viewed
Digital Edition
Archive
SunMonTueWedThuFri Sat
01020304
05060708091011
12131415161718
19202122232425
262728293031
More Business stories
Bangladesh Railway losing Tk 4-5cr every day Bangladesh Railway is losing Tk 4-5 crore in revenue every day following the suspension of all train services across the country amid the coronavirus outbreak. On March 24, the government suspended all…

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting