PM tells ITFC delegation: Need investment for offshore gas extraction

Prime Minister Sheikh Hasina said on Tuesday that 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,” the prime minister said this when International Islamic Trade Finance Corporation (ITFC) Chief Executive Officer (CEO) Eng Hani Salem called on her at her National Parliament office.

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

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 to the power sector.

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

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

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

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

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

International Islamic Trade Finance Corporation Chief Executive Officer Eng Hani Salem said that they will provide all-out support to materialize the Smart Bangladesh vision by Sheikh Hasina through investing in various sectors, including infrastructure, ICT, debt management, the energy sector, and the climate change issue.

Eng Hani Salem appreciated the investment environment in Bangladesh and the financial management of Prime Minister Sheikh Hasina.

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

PM's advisor Salman Fazlur Rahman, Principal Secretary Md Tofazzel Hossain Miah, and Economic Relations Division Secretary Md Shahriar Kader Siddiky were present.