Japan eyes Bangladeshi PPPs

The governments of Japan and Bangladesh have held a joint session to increase Japanese participation in PPPs across Bangladesh.

Delegations from Japan’s Ministry of Land, Infrastructure and Transport (MLIT) and the PPP Office of the People's Republic of Bangladesh met in Dhaka as Japan is considering investments in 15 projects, mainly in the road, regeneration and logistics sectors.

MLIT stated: “The Ministry of Land, Infrastructure and Transportation Land and the Construction Bureau regard Bangladesh as a promising market for future infrastructure-related companies.” 

The session comes nearly six months after the two governments signed a memorandum of understanding to enhance cooperation in PPPs and establish a framework enabling Japanese firms to acquire priority bargaining rights for projects without taking part in the competitive bidding process.

Earlier this year, the Japanese association of PFI and PPPs signed a memorandum of understanding with Kyrgyzstan to share expertise on the PPP and PFI mechanisms.