India, Dec. 8 -- DHAKA - ADB's Office of Public-Private Partnership (OPPP) has been mandated to provide transaction advice on the Joydebpur Mymensingh Road (N3) PPP project to be built along one of the country's busiest economic corridors and which is expected to deliver local jobs and skills, as well as cut road congestion and improve road safety.

The scope of the mandate agreed with Bangladesh's Public-Private Partnership Authority covers project feasibility, transaction due diligence and structuring, bidder procurement, and negotiation to reach commercial and financial closure. The Roads and Highways Department of the Ministry of Road Transport and Bridges is the project's implementing agency.

"This project builds on OPPP's successfu...