PPP in Bangladesh

Public private partnership (PPP) has recently been a global phenomenon. In common parlance PPP is a contract between public and private party to accomplish a predetermined task. Though the emergence of PPP in new, but the popularity of PPP has gained much attention due t its distinguished attributes. There is no denying that PPP is a demand of time in this era of modernization, especially for the developing and future developing nations like Bangladesh. Bangladesh was independent in 1971, since then it faced many obstacles. And at present situation with having a goal like 'Vision 2021' there is no alternative to move forward without the use of PPP. The importance of PPP n Bangladesh context is immeasurable. PPP provides the opportunities which are currently almost impossible for public authority to provide. Usually PPP project works as a boost to a nation for a particular sector. PPP project build a pathway for a nation to grow furthermore and advanced socio-economically. PPP project is a trendy and popular concept in Bangladesh it caused many remarkable achievement recently. The potentiality of PPP project is considered as a great scope for Bangladesh.