Development Review

Vol 28, Issue 1, 2019

Legal Framework of Public Private Partnership in Bangladesh: A Critical Review

Author(s) : Zahed Mannan

Abstract : 

The aim of this paper is to review and critique the applicable policy and laws in Bangladesh regarding
infrastructure procurement and the private sector engagement in public infrastructure assets and service delivery.
Public Private Partnership (PPP) have great role and effective contributions to the infrastructure development
sector, which defines national development and investment results. So creating favorable policy, law and
regulatory environment are necessary for the PPPs effective development, investment results, effective risk and
debt management and equity management. This paper examines the legal basis for private sector participation in
the provision of infrastructure and service delivery in Bangladesh by applying the legal method in combination
with the comparative study. It provides an analytical overview of the major provisions of legislation relevant to the
public private partnership covering infrastructure, maintenance, and financing rules in Bangladesh. The paper
argues that the laws that underpin the control framework in Bangladesh are inadequate and concluded with some
policy recommendations and directions for future research.

Keywords : public private partnership, legal framework, policy

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