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The Performance and Challenges of Public-Private Partnership (PPP) Projects in Bangladesh

Author

Listed:
  • Abu Rashed,
  • Alam, Md. Mahmudul

    (Universiti Utara Malaysia)

  • Faisal, Fahim

Abstract

Like many other countries, Public-Private Partnership (PPP) has been appreciated as an important way out for infrastructure development in Bangladesh. Though there have been recent successes in institutional and regulatory framework, other critical issues like transaction expertise, PPP financing facilities are yet to be boosted in the country. There also needs to have a strong incentive for the executing agencies that will bring more bankable PPP projects for the private sector. So far, around 40 private sector infrastructure projects have been completed in Bangladesh with total investment value of US$ 2.9339 billion, and around 40 projects are in the national pipeline. Many PPP projects that were awarded earlier are not performing well due to weaknesses in transaction process. Under this circumstance, to successfully implement PPP projects it is essential to evaluate the effectiveness of the existing PPP project framework in Bangladesh. This paper analyze the selected PPP projects in Bangladesh to draw lesson in the perspectives of the institutional, regulatory, project financing, and other policy relevant issues. The paper specially focuses on up-front project development constrains and corresponding solutions for creating a greater PPP enable environment in the country.

Suggested Citation

  • Abu Rashed, & Alam, Md. Mahmudul & Faisal, Fahim, 2019. "The Performance and Challenges of Public-Private Partnership (PPP) Projects in Bangladesh," OSF Preprints v2k3b, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:v2k3b
    DOI: 10.31219/osf.io/v2k3b
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    References listed on IDEAS

    as
    1. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2013. "The Basic Public Finance Of Public–Private Partnerships," Journal of the European Economic Association, European Economic Association, vol. 11(1), pages 83-111, February.
    2. repec:wbk:wbpubs:2262 is not listed on IDEAS
    3. repec:wbk:wbpubs:2703 is not listed on IDEAS
    4. repec:wbk:wbpubs:15024 is not listed on IDEAS
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