While witnessing the outline of a programme of the Roads and Highways department Prime Minister Sheikh Hasina attached the importance to conducting thorough assessments of the economic viability and benefits before undertaking any development project involving significant investment. She urged ministers, lawmakers and bureaucrats to prioritise projects based on their potential to benefit people and contribute to economic growth.
The authorities responsible for development planning must ensure that the projects will contribute to the country’s self-reliance and reduce dependency on external sources. By prioritising projects based on economic feasibility and potential benefits, the government aims to realise its vision of a Smart Bangladesh by 2041.
We think adhering to the Prime Minister’s directives can help prevent unnecessary expenditures and expedite project completion. Decision-makers must evaluate the long-term developmental impact of each project, considering both immediate gains and future prospects.
They have to consider how much the country will be developed in case of taking projects. The countrymen are getting the benefit as some infrastructural development has taken place quickly. Now, the government's target is to transform Bangladesh into a developed, prosperous and Smart country by 2041.
A comprehensive assessment of development projects is crucial for ensuring efficient resource utilisation and timely completion. Secretaries and other stakeholders should take proactive measures to expedite low-cost projects and swiftly execute time-extended schemes to optimise resources and achieve development goals.
Apart from taking projects after assessing the economic possibilities and benefits, the secretaries also concentrate on fast implementation of the development works within the stipulated time in order to avoid undue delay alongside cutting down unnecessary expenses.
Decision-makers must
evaluate the long-term
developmental impact of each
project, considering both
immediate gains and future prospects
Keeping a comprehensive assessment of any development project, all concerned particularly the secretaries of the ministries should take prompt measures to complete the low-cost projects at the quickest possible time. They have to complete the time-extended development schemes swiftly to save money and time as well.
The timeframe of some projects was extended. So, these projects should be accomplished quickly. Otherwise, expenses will increase unnecessarily and even time as well. People will get a return if the government can quickly complete the priority projects. So, the authorities have to fix priority projects keeping the current situation in mind. As the world economy is reeling from the impact of the pandemic, the Russia-Ukraine war, Palestine-Israel war, Iasrael-Iran tension, sanctions and counter sanctions, they should always remember that Bangladesh has taken a financial austerity policy. The government has taken numerous projects to ensure overall development of the country.
On the other hand, as the bureaucratic red tape holds up most projects, it is very difficult to implement them on time. So, bureaucratic red tape has remained a major constraint for implementation of the projects. The public servants of ministries and departments either take “excessive time” to give a go-ahead for the process or remain reluctant. Therefore, many projects that have got stuck in bureaucratic tangle usually need more funds and more time. If these projects are completed quickly, the country’s economy will see a big change. The government high-ups must run their activities in the way so the ongoing development pace of the country might continue in the future as well.
The authorities concerned should execute the prime minister’s directives as they are assigned to do so. We hope they will speed up the implementation works of different projects and contribute to development in the country. The government gets the outcome of a project after it is completed, then it should take up new projects. All concerned should not make any delay in completing the projects. By adhering to the Prime Minister's directives and expediting project implementation, stakeholders can contribute to sustainable development and economic prosperity.
