View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by International Institute for Science, Technology and Education (IISTE): E-Journals European Journal of Business and Management www.iiste.org ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online) Vol.5, No.32, 2013 Promoting Public Private Partnership for Development of Tourism Sector of Bangladesh: An Exploratory Study Tanzina Chowdhury, Syeda Tamanna Fahim, Evana Nusrat Dooty * Department of Business Administration, International Islamic University Chittagong, Chittagong- 4203,Bangladesh. * Email of the corresponding author (
[email protected] ) Abstract Tourism has become a very important and dynamic sector both in the world economy and particular in the developing country like Bangladesh. Its growth affects not only the activities directly linked to tourism but also other sectors. This article is devised to find out the prospects of tourism with the help of public private partnership (PPP) projects in Bangladesh.The key findings of the study is that proper implementation of public private partnership in tourism can enhance economic growth of Bangladesh through developing tourism sector. Key Words: Tourism, public private partnership, tourism development, GDP 1. Introduction Tourism is one of the most promising sectors of Bangladesh as it offers immense potentiality for employment generation, poverty alleviation and maintaining ecological balance. Tourism activities capture a considerable high percentage of GDP for many countries. Tourism initiatives involve many more things like hotel and entertainment constructions, improvements and modernization of airports, railroads, seaports, etc. New financial models are needed to make tourism investments possible through some ways of cooperation of governments and private companies.