Bangladesh inherited underdeveloped and unevenly distributed infrastructure and transportation networks. Poor and inefficient infrastructure undermined the economic development in the country, and only recently has the government been able to address the problem systematically and channel investments towards expanding its highways, railroads, seaports, and airports
Infrastructure development is one of the top priorities of a country's economic progress. Planned and well connected infrastructure services attract foreign direct investments and boost local investments. To meet the present and future demand for infrastructure development, developing and least developed countries like Bangladesh always face scarcity of their own resources. Therefore, to accelerate infrastructure development, the Government has encouraged private sector participation in infrastructure projects. The first such project is the Jatrabari-Gulistan Flyover project in Dhaka which is to be implemented on a Build, Operate, Own and Transfer (BOOT) basis.
With the vision to be among the leaders in infrastructure development, Orion Group incorporated Belhasa Accom & Associate Ltd, a concession company to bid for the Jatrabari-Gulistan Flyover Project. After a highly competitive bidding, Belhasa Accom & Associates Ltd was awarded the concession to design, construct, maintain and operate the Flyover. The Concession Agreement, the first of its kind in Bangladesh, was sealed on June 21, 2005.
This hi-tech capital intensive project is going to be the first Private Public Partnership (PPP) project in Bangladesh.