Grameenphone Telecommunications Project and Grameenphone Telecommunications Expansion Project

The importance of strong project sponsors. The project clearly demonstrated the importance of strong and committed project sponsors to help ensure the success of a project. Telenor had the technical competence, managerial skills, and extensive telecommunications experience to run a world-class telecommunications operation in Bangladesh. Grameen Bank, for its part, had the brand recognition and distribution network to help market Grameenphone’s services in both urban and rural areas. Both companies have also observed high ethical standards. These are the types of sponsors that ADB should be looking for in future private sector projects.