The ministry had moved to construct the tourism complex in Cox's Bazar at its own initiative after having failed to implement the project under PPP despite passage of five years, as no company showed interest to link up with it. Finance Minister AHM Mustafa Kamal, who presided over the meeting, expressing resentment at the ministry officials, said that public sector entities have no success in running any tourism project. On August 21 in 2014, when the ministry placed the project titled 'Establishment of International Standard Tourism Complex at existing Motel Upol Compound of BPC at Cox's Bazar, ' it received the approval. Orion Power Meghnaghat Limited was the lone bidder in the tender, but the tender evaluation committee considered it to be incompetent. The ministry finally decided to withdraw the Upol Motel project from the PPP list, and implement it at its own, only to be rejected by the cabinet committee.

Source: Dhaka Tribune May 19, 2019 18:33 UTC