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Need investment for offshore gas extraction: PM tells ITFC delegation

TBP Desk
27 Feb 2024 22:02:57 | Update: 27 Feb 2024 22:02:57
Need investment for offshore gas extraction: PM tells ITFC delegation
Prime Minister Sheikh Hasina at a meeting with ITFC CEO Eng Hani Salem Sonbol at her office in parliament in Dhaka on Tuesday – PID Photo

Prime Minister Sheikh Hasina on Tuesday said to mitigate the energy scarcity in the country the government has opted to go for offshore gas extraction.

“And we need investment for that purpose,” she said during a meeting with International Islamic Trade Finance Corporation (ITFC) Chief Executive Officer (CEO) Eng Hani Salem Sonbol at her Sangsad Bhaban office in Dhaka, reports UNB.

PM’s speech writer M Nazrul Islam briefed the reporters after the meeting.

Sheikh Hasina said that the government has provided electricity in all areas of the country.

She mentioned that during her first tenure in government in 1996 she opened the private sector for the power sector.

“Investment enabling environment is prevailing in the country as the present government has created that,” she said.

She put emphasis on creating job opportunities and for that the country needs investment.

“We have especially given priority to improving the rural economy and food production,” she added.

The prime minister said that the government has emphasised on containing present war-driven inflation and lessening the hassle for the people.

"For that, we have stressed upon increasing all kinds of production,” she said.

Hani Salem Sonbol said that they will provide all-out support to materialise the Smart Bangladesh vision by Sheikh Hasina through investing in various sectors including infrastructure, ICT, debt management, energy sector and climate change issues.

He appreciated the investment environment of Bangladesh and the financial management of Prime Minister Sheikh Hasina.

He mentioned that Bangladesh has an excellent track record for repayment of loans.

Prime Minister's Private Industry and Investment Adviser Salman Fazlur Rahman, Principal Secretary Md Tofazzel Hossain Miah and Economic Relations Division Secretary Md Shahriar Kader Siddiky were also present at the meeting.