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Nasrul Hamid: Bangladesh’s power sector is seeing a massive surge in investor interest

  • Sun Online Desk
  • 27th November, 2021 05:20:43 PM
  • Print news

Bangladesh is now seeing a massive surge in investor interest in the power and energy sector, which now has a portfolio worth nearly 25 billion US dollars, said Nasrul Hamid, MP, State Minister for Power, Energy and Mineral Resources.

He made the remark while speaking as the chief guest at the Academic Award Ceremony 2021 of Independent University, Bangladesh (IUB) on Saturday, 27 November 2021, at the university’s auditorium at Bashundhara R/A in Dhaka.

“Everyday investors are knocking on our doors withbillion dollar investment opportunities. Where are they getting the trust and confidence to invest here? It is because we have achieved the unthinkable by ensuring 100% electricity for all,” he added

A Matin Chowdhury, Chair of the IUB Board of Trustees, who attended the program as special guest, said: “As far as we are all concerned, 50 years is a landmark. Many countries don't live that long. So, we really have a big mission in front of us. This is also the centenary of our father of the nation Bangabandhu Sheikh Mujibur Rahman. It’s a wonderful time for us to move forward.”

Tanweer Hasan, PhD, Vice-Chancellor of IUB, who presided over the function, said: “Quality education is a hallmark of IUB tradition. In this age of the 4th Industrial Revolution, the world is becoming increasingly dependent on data and computer information systems. Technology will take over many jobs and many jobs will get increasingly technology inclined. I believe that urgent action is also required to invest in and develop our human resources.”

This year academic awards were given to five different groups from the Spring, Summer and Autumn semesters of 2020 under two categories: the Vice-Chancellor’s Honor List and the Dean’s Honor List. The first group received BDT 10,000 each while the second group received BDT 5,000 each.