Bangladesh appears to be scaling up its investments in the infrastructure sector, with the announcement last week that the government is planning to establish a new equity fund for infrastructure and opening of 23 infrastructure and energy projects for public-private partnerships. The planned fund worth 16 billion Bangladeshi takas (USD230 million) for fiscal 2011 seeks to address the financing gap in the country’s infrastructure projects and mobilize additional capital for future projects. The 23 PPP projects include five power generation projects and the construction of an elevated expressway in Dhaka.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.