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IFC-BICF to hold seminar on pvt-public partnerships July 01

FE Report | Sunday, 29 June 2008


Bangladesh Investment Climate Fund (BICF) of The International Finance Corporation (IFC) will organise a seminar on public-private partnerships (PPP) for economic zones.

The half-day seminar, to be held on July 1, 2008 at Hotel Sheraton, will focus on the concepts and mechanics of PPP with case study examples with special emphasis on economic zones.

There is a growing demand for large investment in infrastructure all over Asia and PPPs are a very useful means of accumulating capital.

In a capital-constrained emerging market-economy like Bangladesh, PPPs are of particular importance as they can help Bangladesh achieve sustainable economic growth.

The first session of the seminar will cover basic concepts of a PPP, and panelists will give a background of PPP and the risks and benefits associated with it.

The second session is designed to give an overview of government and private sectors' perceptions, goals and expectations from PPP arrangements. Panelists of the third session, Legal and Financial Arrangements for PPPs, will focus on the more complex mechanics of a PPP and how it has worked in other projects.

In all the sessions, different case studies from around the world will be shared to demonstrate the various concepts of PPPs.

Public-private partnership (PPP) describes a government service or private business venture which is funded and operated through a partnership between government and one or more private sector companies.

Economic zones are often developed with some kind of PPP arrangement in places. IFC-BICF will bring together government and private sector representatives to discuss and highlight the potential benefits of PPPs, as they relate to economic zones.