While presiding over a meeting of the Executive Committee of the National Economic Council (Ecnec) Prime Minister Sheikh Hasina directed the authorities concerned to take action against those responsible for flawed project designs that lead to project revisions pushing up costs.
Infrastructure development is the building block of a country’s economic growth. It needs no mentioning that sustainable economic growth of a country depends on its sustainable infrastructure development. Over the last years the incumbent government of Bangladesh has undertaken a number of mega projects but delay in project implementation of various projects has become a grave concern for the country.
In order to complete the development projects
within the stipulated time concerted efforts from
all the stakeholders is a must
There is no denying that the present government has been relentlessly working to reshape the country’s transport and power sector, but at the same time it is also true that we have seen apathy in implementation of most of the development schemes taken up by the government over the last ten years. Experts are of the opinion that due to frequent revision of the projects, the implementation costs continue to increase and the projects are not completed within the scheduled period.
Addressing the delay in implementation of a number of projects, the Parliamentary Committee on Government Assurances earlier asked all ministries to attain timely completion of all the projects with the fund sanctioned earlier. Also the parliamentary watchdog recommended the ministries to ensure constant vigilance over the ongoing mega projects. Therefore, alongside increasing budgetary allocations, more efforts are needed from the part of the authorities concerned to speed-up the implementation process of all the ten mega projects.
In order to complete the development projects within the stipulated time concerted efforts from all the stakeholders is a must. Also the government must try to curb corruption and ensure proper monitoring to attain successful completion of all the development projects.