DHAKA, July 3, 2019 (BSS) – State Minister for Power, Energy and Mineral
Resources Nasrul Hamid today said Bangladesh would be a developed country
quickly for completion of the ongoing development work.
“A huge investment is needed for completion of the ongoing development
works in due time,” Nasrul Hamid said while taking part in the panel
discussion on ‘The Future of the Belt and Road initiative’ of the World
economic Forum at Dalian, China, said a press release.
The state minister said the Belt and Road Initiative, China, could be the
platform for investment, said Nasrul, adding this initiative has already
attracted Japan, India, the USA along with other countries to Bangladesh.
He said the Chinese initiative is good for Bangladesh but it requires
action plan, sharing of technology, cultural unification, transparency and
appropriate publicity for making the venture more effective.
Nasrul, to this end, mentioned that Japan formulated Master Plan for Power
sector before investing $6.5 billion for a project in Bangladesh and China
can move with the action plan.
“China has enough opportunity for investment in power sector in Bangladesh.
Five projects are being implemented under Chinese Export Credit Agency
investment while six joint venture projects are going on,” he said.
The state minister said Chinese contractors are involved with 31 ongoing
projects of power division, adding, “Two projects out of seven under
Government to Government method with Chinese government have been approved.”
Moderated by Tian Wei of China Global Television Network (CGTN), the panel
was also discussed among others, by senior fellow of China Renmin University
Bruno Macaes, Chairman of Chinese National Building Material Group Song
Zhiping and Executive Secretary of economic Commission of UN Europe Affairs
Olga Algayerova.