PPPs facilitating infrastructure building
The Investment Promotion and Financing Facility (IPFF) Project has financed three more small power plants with 50+ MW generation capacity each in addition to the earlier seven small power plants, an inland container terminal, three water treatment plants, and a nationwide fibre optic cable network.
The project helps to build the capacity of the local financial sector for longer term financing to the much needed private-public partnership ventures in infrastructure.
IPFF channels long term financing through the Bangladesh Bank to the eligible participating financial institutions (PFIs) following a public private partnerships (PPP) framework. The financing leverages other equity and debt financing resources from the local financial market.
A recent assessment of World Bank shows that IPFF has made considerable progress. The current pipeline includes two other power plants with 250 MW generation capacity, health infrastructure in Chittagong, and a Dry Dock near Chittagong Port.
