Tuesday, June 18, 2024


Dhaka Tribune

UAE keen to invest in Bangladesh’s renewable energy sector

UAE will soon send two teams to Bangladesh – one to discuss renewable energy and another to discuss business

Update : 20 Jul 2023, 06:41 PM

The United Arab Emirates is interested in making investments in the energy sector of Bangladesh, particularly renewable energy, a visiting minister of the oil-rich Gulf country has said.

UAE Minister of Industry and Advanced Technology Dr Sultan Ahmed Al Jaber expressed his country's eagerness during a courtesy call on Prime Minister Sheikh Hasina at her official residence, Ganabhaban, on Thursday.

“They are very interested in the energy sector, especially renewable energy alongside conventional energy,” PM's Press Secretary Ihsanul Karim told reporters after the meeting.

Dr Ahmed, also chairman of the energy company Masdar and managing director of Abu Dhabi National Oil Company (Adnoc), said they will send two teams to Bangladesh from UAE – one is to discuss renewable energy and another one to discuss business.

During the meeting, mainly the climate change and bilateral issues including economic cooperation were discussed, said the press secretary.

Ahmed, also the UAE special envoy for Climate Change and president-designate for the 28th Conference of the Parties (COP28), praised the leadership of Sheikh Hasina on the climate change issue and expected further support from her on this issue.

He sought support from the prime minister on climate change and food security. “We want to be a game changer,” he said, adding that they are exerting pressure on a collection of climate funds to solve the problem before COP28.

Noting that the UAE is going green, the minister said they want to get a positive impact from COP28 in the UAE.

The prime minister said COP28 is of crucial importance since it will involve a global stocktake of the Paris Agreement.

“We hope the UAE presidency will help make a realistic assessment of the progress made and the huge gaps that remain to accelerate climate actions globally to maintain the 1.5-degree temperature,” she said.

Talking about bilateral relations between Bangladesh and UAE, the prime minister said the countries have many things in common.

Top Brokers


Popular Links