Public & Private Institutions Development

At ASCEND International Limited, we aim to provide support and guidance on Public and Private Partnership (PPP). Government alone cannot arrange all developmental activities. As such a successful new trend is emerging around the world, where-in Government is taking partnership role with private organizations in various sectors of business.

In August 2010, the Government of Bangladesh issued the Policy and Strategy for Public Private Partnership (PPP) to facilitate the development of core sector public infrastructure and services vital for the people of Bangladesh. The PPP program is part of the Government’s Vision 2021 goal to ensure a more rapid, inclusive growth trajectory, and to better meet the need for enhanced, high quality public services in a fiscally sustainable manner.

Under this new national policy, the PPP Authority was established as a separate, autonomous office under the Prime Minister’s Office to support sector line ministries to facilitate identification, development and tendering of PPP projects to international standards. A PPP Unit under the Ministry of Finance was established to foster an environment of fiscal responsibility and sustainability in PPP projects.