The Asian Development Bank has announced that ADB’s Office of Public–Private Partnership (OPPP) has been mandated to provide transaction advice on the Joydebpur Mymensingh Road (N3) public-private partnership PPP project in Bangladesh. 

The mandate covers project feasibility, transaction due diligence and structuring, bidder procurement, and negotiation to reach commercial and financial closure. The mandate includes capacity building to identify a robust set of new capabilities and monitoring for projects such as the Dhaka Bypass Road PPP project and the Rampura Amulia Demra PPP project in Bangladesh. The executing agency of the project is the Roads and Highways Department of the Ministry of Road Transport and Bridges. ADB will balance regional differences, explore private sector innovation and efficiency to reduce congestion, improve traffic flow and safety and build climate-resilient and future-oriented infrastructure.

The project involves the construction of an 87 km four-lane access-controlled expressway from Joydebpur city on the outskirts of Dhaka to the northern district of Mymensingh, which connects 10 economic zones in Bangladesh.