Bangladesh
6 years ago

Better infrastructural platform will improve ‘Doing Business’ ranking

DCCI calls on PPP chief

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DCCI on Sunday laid emphasis on creating infrastructure platform for entrepreneurs to carry on their operations smoothly and improve the country’s ‘Doing Business’ ranking.

DCCI chief passed on the comment when the board of directors of the apex body called on Chief Executive Officer of public private partnership (PPP) authority Syed Afsor H. Uddin.

President of Dhaka Chamber of Commerce and Industry (DCCI) Abul Kasem said, “47 projects costing US$14 billion has been principally approved in PPP office.”

However, consecutive falls in doing business index hurts the potential of foreign investment in PPP projects, he mentioned.

Bangladesh is placed at the bottom, ranking 177, in the World Bank report “Doing Business 2018”.

“To improve the ranking of Ease of Doing Business and investment position, PPP Authority can work with BIDA in a shared taskforce for focused improvement of underperforming criteria in doing business index,” he suggested.

Kasem also proposed on forming National Infrastructure Development and Monitoring Advisory Authority (NIDMAA) to faster implement and monitor large mega infrastructure projects.

During the meeting, CEO of PPP Syed Afsor H. Uddin underscored the importance of forming a public-private infrastructure platform and a national infrastructure plan.

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