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Bangladesh-Japan joint PPP platform meeting held

Staff Correspondent
19 Mar 2024 17:55:59 | Update: 19 Mar 2024 17:55:59
Bangladesh-Japan joint PPP platform meeting held
— Courtesy Photo

The sixth joint PPP platform meeting between Bangladesh and Japan convened on Monday at the Prime Minister's Office, marking another significant step in the collaborative efforts to enhance infrastructure development and economic growth through Public-Private Partnerships (PPPs).

The Public-Private Partnership Authority (PPPA), Bangladesh, hosted the platform meeting whereas Principal Secretary to the Prime Minister, and Chairman of the PPP Authority Md Tofazzel Hossain Miah graced the platform meeting as the chief guest.

Secretary, and CEO of the PPP Authority, Dr Md Mushfiqur Rahman led the delegation of the Bangladesh government, read a press release.

Ambassador of Japan to Bangladesh IWAMA Kiminori led the delegation from Japan.

Vice-Minister SAKAKI Shinichi from Japan's Ministry of Land, Infrastructure, Transport, and Tourism graced the platform meeting, along with esteemed representatives from various ministries and private investors.

The event commenced with tributes to the visionary leadership of Bangabandhu Sheikh Mujibur Rahman, followed by introductions and opening remarks underscoring the longstanding partnership between Bangladesh and Japan in the PPP domain.

In the welcome address, the CEO of PPPA Dr Md Mushfiqur Rahman extended warm greetings to the distinguished guests, highlighting the pivotal role of PPPs in Bangladesh's development trajectory.

In his speech, Tofazzel Hossain Miah expressed enthusiasm about the collaboration, citing the shared vision for progressive and resilient port infrastructure.

He highlighted the significance of this G2G PPP model – emphasising the critical role it plays in realising Bangladesh's Vision 2041 and creating a Smart Bangladesh.

The platform meeting was attended, among others, by Secretary of Ministry of Civil Aviation and Tourism Md Mokammel Hossain,  Secretary of Bridges Division under the Ministry of Road Transport and Bridges Md Monjur Hossain, Secretary, Ministry of Railways Dr Md Humayun Kabir, Secretary of the Road Transport and Highways Division under the Ministry of Road Transport and Bridges A B M Amin Ullah Nuri, other senior government officials, private investors, representative from Ministry of Land, Infrastructure, Transport, and Tourism (MLIT), and PPPA.

The objective of this meeting was to discuss new projects, provide strategic directives to all parties for the implementation of selected projects, and discuss modes of financing for the projects.

The successful convening of the sixth Joint PPP platform meeting underscores the strong partnership between Bangladesh and Japan, foreshadowing a new era of collaboration in infrastructure development and economic growth.

Throughout the session, discussions revolved around the progress of existing pipeline projects and the proposal of new ventures, underscoring the commitment of both countries to foster innovation and sustainable development.

Key presentations included proposals for bridge projects and subway routes, showcasing the collaborative spirit and shared vision for enhancing infrastructure connectivity.

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