The ambitious Delta Plan of the government is aimed at boosting the GDP growth further 1.5 percent, if however, the projects can be implemented properly by 2030. The plan highlights works related to development of six hotspots like the coastal areas; Barind Tract and drought-prone region; haor (backswamp) and flash flood prone areas; Chittagong Hill Tracts region; river regions and estuaries and the urban regions.
No doubt it is a mega plan under which a number of big projects, nearly 80, to be implemented. This will also involve massive financial support to the tune of $37 billion by 2030 to complete in three phases. The short-term plan is scheduled to be implemented by 2030, a mid-term plan by 2050, and a long-term plan is targeted to be implemented by the year 2100.
It is good news that Bangladesh is likely to get $2 billion assistance from Green Climate Fund every year while the remaining costs will be met by other development partners, foreign direct investment, and the private sector – which is expected to contribute 20 percent.
We are happy to learn that Delta Plan will bring about massive changes all over Bangladesh, most importantly, in river management, flood control and internal shipping transportation strategy. The country faces major inter-related delta challenges in water safety, food security and socio-economic development and is prone to natural calamities such as floods, cyclones, and droughts.
Good news is Delta Plan-2100 is completely a Bangladesh-owned mega plan which will be a long term roadmap of the future. It is considered the greatest gift of the present generation for the future generations of Bangladesh.