Bangladesh re-tenders tourism PPP

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Bangladesh re-tenders tourism PPP

Bangladesh Parjatan Corporation (BPC), under the Ministry of Civil Aviation and Tourism, has re-launched a tender process to develop an International-Standard Tourist Complex through PPP model at Cox’s Bazar, the prime sea-side resort town of Bangladesh.

Cox’s Bazar, located along Bay of Bengal in South Eastern Bangladesh, is one of the most pristine tourism destinations of South East Asia. Considering the tourism potential of the town, BCP is looking to develop an integrated tourism and entertainment village.

BPC has invited interested bidders and/or bidding consortiums to participate in the selection of a Private Partner through International Competitive Bidding (ICB) process. BPC envisages the bidder/consortiums to undertake designing, building, financing, operation & maintenance of the project, based on terms and conditions set out in the PPP Contract.

The integrated development will include a beach resort, entertainment village, golf course and venues for other tourism activities. The project will comprise: detailed design, financial closure, construction of the proposed 130-acre integrated tourism and entertainment village and operations & maintenance of the developed facilities for a specified period.

According to the Bangladesh PPP Office, the total project investment is estimated between US$80 million and US$200 million.

The Cabinet Committee for Economic Affairs approved the project in September 2013 and the first tender was launched in April 2015.

For further information, visit our business opportunities' website.

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