Bangladesh applying PPP in tourism

The Bangladesh government is looking for applications for qualifications to construct a tourist beach resort in a Public Private Partnership model.

 

The Ministry of Civil Aviation and Tourism through the Bangladesh Parjatan Corporation (BPC) anticipates to develop an ‘Integrated Tourism and Entertainment Village’ through a PPP model at Cox’s Bazar, a seaside resort town.

 

The private partner has to look after the design, construction, financing, operations and maintenance of the village for a fixed tenure.

 

The 130-acre beach front joined development will encompass a beach resort, entertainment village, golf course and venues for other tourism activities.

 

India’s Feedback Infra is the authority’s transaction adviser and the country’s Public Private Partnership Office said that an ‘unsolicited proposal is in place’.

 

The probable capital cost is between $80m and $200m.