German Ambassador to Bangladesh Achim Tröster on Wednesday said Germany will support the reform initiatives of the Interim Government and promised €600 million for renewable energy in Bangladesh.
The German Ambassador expressed his country's support when he paid a courtesy call on Bangladesh Chief Adviser Prof Muhammad Yunus at his office at Tejgaon in Dhaka.
The envoy said Germany had a long-standing relationship with Bangladesh, and in recent years, it became one of the largest development partners of the country, with an aid amounting to over €1 billion.
Tröster said the German support to Bangladesh would be demand-driven.
Germany has already proposed a concrete €50 million aid for renewable energy in Bangladesh, he said.
The ambassador said Germany would also lend 600 million Euro over a period of eight years for renewable energy, said the chief adviser's press wing.
"This is a privileged program," he said, adding Bangladesh is one of a handful of countries who have got this project aid.
Chief Adviser Prof Yunus recalled his long friendship with German leaders, saying he frequently attended the anniversaries of the fall of Berlin Wall.
Prof Yunus sought more German investment in Bangladesh and its expertise and technology to fight corruption.
He said the nation was united behind the students and youth who have ushered in a new era of hope for the country.
"Now we have to focus on their aspirations. We have to help them become entrepreneurs," he said.
He said his government would be keen to cut any obstacles to German investment in Bangladesh. He sought more private German funding for renewable energy and green transition.
Lutfey Siddiqi, special envoy of the chief adviser on international affairs, briefed the German envoy about reforms in the Bangladesh Investment Development Authority.
He said German and Bangladesh firms can create a Green Corridor.
