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Nasrul urges WB to cut project time

  • Special Correspondent
  • 14 March, 2022 12:00 AM
  • Print news
Nasrul urges WB to cut project time
State Minister for Power, Energy and Mineral Resources Nasrul Hamid hands over a souvenir to World Bank’s Regional Director Guangzhe Chen during his visit at the former’s office at Bangladesh Secretariat in the capital on Sunday. photo collected

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State Minister for power and energy Nasrul Hamid on Sunday called upon the World Bank to reduce project approval time for timely project implementation.

Nasrul Hamid made the call during a meeting with World Bank’s regional director Guangzhe Chen at the Bangladesh Secretariat.

He said the World Bank should consider this as Bangladesh wants to the lending agency to be one of its best development partners.

The minister said the demand of electricity has increased here due to rapid economic growth.

The World Bank may finance for clean fuel here, he pointed out. Nasrul also called upon for development partner for investing in creating skilled manpower.

World Bank’s regional director Guangzhe Chen said World Bank can work for energy security and efficiency, renewable energy, regional energy trade and energy exchange and policy reform here.

He also showed interest for working together on gas prepaid meter and modernization of natural gas pipeline.

It is mentioned that a total of five projects have been implemented by the support of World Bank. 

World Bank operation adviser Ms Gisu Mohadjar, senior operation officer Barbara Weber, programme leader Rajesh Rohatgi and senior specialist Mohammad Anis also attended at the meeting.