Infrastructural improvements will remain key on the path towards boosting the economy
With the elections behind us, it is now up to the current government to ensure that Bangladesh remains on course towards development and progress.
In this regard, a recent contract signed by the government under a public-private partnership arrangement to improve the Dhaka bypass -- which goes from Joydevpur to Modonpur Road via Debgram and Bhulta -- is a definite step in the right direction.
Infrastructural improvements will remain key on the path towards boosting the economy, and a highway which connects major points of Bangladesh, essentially easing the travel of buses and trucks from the east and south to the north and west, will provide a significant upgrade to how businesses function.
It will also act to address the issue of traffic congestion which so often plagues the nation, and create a more efficient business eco-system which will not only make the lives of citizens easier, but also attract foreign investment.
While we have made great strides in the realm of economic progress over the last decade or so, unplanned infrastructural changes have often acted as obstacles and such a deal will act as an immense amplifier for the economy overall.
This particular 48-kilometre project, for which the Asian Development Bank has acted as the financial adviser, will be the first access-controlled expressway in the country, and has the potential to revolutionize how public services are delivered in Bangladesh.
It will also be a stepping stone for other such collaborations between the public and private sectors in the future, which will no doubt help us realize the dream of a middle-income Bangladesh.