Bangladesh Parjatan Corporation to transition all 53 tourism establishments to Public-Private Partnership (PPP) model.
Bangladesh's civil aviation and tourism ministry has initiated a plan to bring all 53 of Bangladesh Parjatan Corporation's tourism facilities, including hotels, motels, restaurants, and bars, under a Public-Private Partnership (PPP) model. This strategic shift aims to attract private investment, modernize aging assets, and reduce reliance on government funding due to decades of weak financial returns.
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