The 11th International Infrastructure Investment and Construction Forum (IIICF), collaboratively hosted by the China International Contractor Association and Macao Trade and Investment Promotion Institute has been kicked off in Macao.
More than 400 entities and 1000 political, business and academic leaders have been invited to discuss infrastructure issues such as opportunities and challenges faced by international infrastructure cooperation, the trends of the international infrastructure market in the post-pandemic era and how the international industry can surmount the difficulties and promote the sustainable development of global infrastructure through strengthened cooperation.
On Thursday, Sultana Afroz, Secretary of the government of Bangladesh and Chief Executive Officer of Public Private Partnership (PPP) Authority delivered her speech in the forum virtually as the representative of Bangladesh.
In her speech at the 11th IIICF she mentioned that Bangladesh has evolved into an investment destination under the supreme and able leadership of Prime Minister Sheikh Hasina. Bangladesh has the most liberal investment policy in South Asia.
Highlighting the unprecedented investment opportunities in the infrastructure industry in Bangladesh she said, PPP Authority is supporting 79 PPP projects covering health, transport, IT, civil accommodation, shipping, social infrastructure, food and tourism sector. The authority has also signed a MoU for jointly implementing PPP projects through government to government partnership with Japan, Singapore, UAE and Korea.
In the forum Sultana Afroz also proposed some interventions for implementing infrastructure projects in Bangladesh. She said that the Chinese contractors can cover the designing, manufacturing and shipping parts of the process while the implementation can be taken by the country’s local subcontractors under Chinese supervisors’ guidance.
Mentioning the Covid-19 pandemic has cemented the new way for carrying out operations, she said that online communication and operational platforms have proven to be a solution and we should take full advantage of such technology.