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IsDB intends to collaborate with PPPA

Published : Thursday, 14 January, 2021 at 6:48 PM  Count : 125

IsDB intends to collaborate with PPPA

IsDB intends to collaborate with PPPA

The Islamic Development Bank (IsDB) bank expressed its interest to collaborate with Public Private Partnership Authority in developing and implementing PPP projects in Bangladesh at a virtual meeting with the PPPA held recently.

Sultana Afroz, Chief Executive Officer of PPP Authority, stated that Bangladesh has evolved into an investment destination under the leadership of Prime Minister Sheikh Hasina.

SulaimanNassis, Regional Manager of the bank, conveyed that IsDB is actively engaged with sponsors and development partners in a number of its member countries to support various infrastructure projects that are in various stages of readiness for procurement under the public private partnership modality.

Noman Siddiqui, Manager PPP, IsDB, gave an overview of IsDB supported PPP activities in Bangladesh.

The bank is financing Bhola and Summit Bibiyana power plants.

He said that they are ready to increase their portfolio in Bangladesh by financing quality infrastructure projects well-structured for PPP concessions.

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