Land Acquisition (Bangladesh)

Land acquisition in Bangladesh refers to the process by which the government or authorized entities acquire private land for public projects like infrastructure, development, or industrialization. This involves legally converting private property rights into public ownership, often through a formal notification and compensation process. The goal is to facilitate national development while balancing the rights of landowners, who are typically compensated for their land’s market value. The process is governed by laws ensuring transparent procedures, though disputes and concerns over fair compensation can arise, making effective management essential for equitable development.