Bangladesh - Second Investment Promotion and Financing Facility Project : Infrastructure Growth Through Private-Public Partnership (Anglais)

Bangladesh needs faster and higher growth to attain its vision of becoming an upper middle-income country by 2031. Inadequate infrastructure is among the key binding constraints to higher growth. It is estimated that the overall investment rate needs ...  Voir la suite Bangladesh needs faster and higher growth to attain its vision of becoming an upper middle-income country by 2031. Inadequate infrastructure is among the key binding constraints to higher growth. It is estimated that the overall investment rate needs to go up from 26 percent of gross domestic product (GDP) to 34 percent of GDP for an 8 percent plus growth. Out of the total investment need, billions is needed annually for investment in infrastructure. The Second Investment Promotion and Financing Facility (IPFF II) project helps Bangladesh to enhance the local financial institutions’ capacity to provide long-term financing for private sector led infrastructure projects diverse sectors, including energy and power, roads and bridges, industrial parks, waste management, health and education infrastructures, and others. The project was undertaken following the success of the predecessor project, IPFF that facilitated financing of 21 sub-projects in the power, information and communication technology (ICT), health, water treatment, and port sector. In the first phase, millions of International Development Association (IDA) resources were put in and another millions equivalent resources were crowded in from the market.  Réduire