Clicky
Business

Japanese ambassador visits PPP Authority


Published : 15 Feb 2021 08:48 PM

ITO Naoki, Ambassador of Japan to Bangladesh paid a courtesy visit to Sultana Afroz, Secretary and CEO of Public Private Partnership Authority on Monday. 

He was accompanied by Takashi Shirai, Second Secretary, the Embassy of Japan in Dhaka.  

Sultana Afroz, CEO of PPP Authority acknowledged the support of the Japanese people during the liberation war, especially the role of the late Senator Hayakawa. 

She also recognized Japan as the largest bilateral development partner of Bangladesh. 

ITO Naoki, Ambassador of Japan to Bangladesh also showed his strong commitment of Japan in promoting and development of PPP projects in Bangladesh.

Sultan Afroz and ITO Naoki discussed about the upcoming Fourth Bangladesh-Japan Joint PPP Platform Meeting which will be held on 24 February 2021 through online platform. 

They talked about the 5 PPP projects with Japan, including,  Construction of Multimodal Transport Hub (MmTH) at Kamlapur and Biman Bandar Railway Stations; Construction of Outer Ring Road (southern part) of Dhaka City; Improvement of Chottogram to Cox’s Bazar Highway; and the Design, Construction, Operation and Maintenance of Mass Rapid Transit MRT Line-2.  

The total investment needed for these 5 projects is USD8.38 billion which is about 30 percent of the portfolio of PPPA pipeline. It is expected that PPP projects with Japan through Government to Government (G2G) partnership modality will ease the massive financial investment of Bangladesh government.

He reiterated that he is here to strengthen the cooperation between PPPA and Japan.