PPP Authority, ADB explore rural housing & solar energy for BD

The Public-Private Partnership (PPP) Authority welcomed on Wednesday a consultation mission led by Monica Mei V. Carino-Young from the Asian Development Bank (ADB) to discuss innovative partnership opportunities aimed at improving the quality of life for rural communities in Bangladesh, says a press release. In the meeting with Muhammad Rafiqul Islam, Chief Executive Officer (Secretary) of the PPP Authority, the ADB delegation expressed keen interest in supporting affordable housing projects for lower and middle-income families in rural areas. The discussion centered on utilising the PPP model to attract private investment while ensuring affordability, sustainability and long-term community benefit. The ADB team also sought co-operation to explore the installation of solar power generation facilities along the N8 Highway (Dhaka- Mawa- Bhanga), which would contribute to Bangladesh's renewable energy capacity, reduce carbon emissions and promote energy access in underserved regions. Muhammad Rafiqul Islam emphasised the importance of these initiatives in aligning with Bangladesh's development priorities.

The Public-Private Partnership (PPP) Authority welcomed on Wednesday a consultation mission led by Monica Mei V. Carino-Young from the Asian Development Bank (ADB) to discuss innovative partnership opportunities aimed at improving the quality of life for rural communities in Bangladesh.

The Public-Private Partnership (PPP) Authority welcomed on Wednesday a consultation mission led by Monica Mei V. Carino-Young from the Asian Development Bank (ADB) to discuss innovative partnership opportunities aimed at improving the quality of life for rural communities in Bangladesh, says a press release.

In the meeting with Muhammad Rafiqul Islam, Chief Executive Officer (Secretary) of the PPP Authority, the ADB delegation expressed keen interest in supporting affordable housing projects for lower and middle-income families in rural areas. The discussion centered on utilising the PPP model to attract private investment while ensuring affordability, sustainability and long-term community benefit.

The ADB team also sought co-operation to explore the installation of solar power generation facilities along the N8 Highway (Dhaka- Mawa- Bhanga), which would contribute to Bangladesh’s renewable energy capacity, reduce carbon emissions and promote energy access in underserved regions.

Muhammad Rafiqul Islam emphasised the importance of these initiatives in aligning with Bangladesh’s development priorities.

Source: The Financial Express

Read More at: csslbd.net

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