PublicPrivate Partnership for Economic Development Bangladesh Perspective Business
Public-Private Partnership for Economic Development: Bangladesh Perspective Business reforms for job creation Business Friendly Bangladesh 2009 Public-Private Dialogue Workshop 29 April 2009, Vienna, Austria 1
The need for Public Private Dialogue o Jan ’ 07 - State of emergency declared o Low business confidence o Regulatory uncertainty and bureaucratic bottlenecks o Largest barriers to business: infrastructure, access to land, skills mismatch (WBG’s Investment Climate report 2008) 2
Enter the BBBF… The BBBF serves as a platform for sustained and focused dialogue between the public & private sectors, so that, together, they can provide practical actionable solutions to business issues 3
BBBF Structure o Formed on 25 November, 2007 Working Groups o 41 Members (20 public, 21 Secretariats private) o Chairperson: Honorable Prime Minister 5 BBBF Working Groups • • • Business Entry & Operations Business Finance Infrastructure Macro-economic Policy Skills Development. 4
BBBF Progress o 6 BBBF Sessions, 46 Sessions of the 5 working groups o 290 Recommendations proposed, 209 approved n 94 implemented, 115 under implementation, 73 pending. 5
Key Implemented Recommendations o ICT Task Force reinstated to determine national ICT Policy. o Internet Bandwidth costs reduced. o Reduced import duty for capital machinery, intermediate goods and o o raw materials. National Skills Development Council (NSDC) formed as apex body for all Skills Development initiatives in Bangladesh. Company Name Clearance in 3 days, Registration 14 days, Trade License in 3 days, Environmental Clearance Certificate in 30 days, TIN Certificate within 24 hours NGO assistance in SME loan distribution & recovery. 99 SME Service Centres approved to provide easy access to loans and banking services for SMEs. 6
BBBF: Future Agenda o Continuation of BBBF under new government o Evaluate pending BBBF recommendations on a expedited basis o Enhance communication programme: broader engagement n Public-Private Dialogues at District levels o Improve Government “Interface” with Business. . o Accelerate the pace of reforms: Investment Climate, Regulatory Reform o Strengthen results-based Monitoring and Evaluation of approved BBBF. 7
- Slides: 7