• Thursday, Sep 20, 2018
  • Last Update : 02:42 am

To power and prosperity

  • Published at 05:45 pm September 4th, 2018
Editorial
Photo:BIGSTOCK

It is imperative that these projects do not go down the path of many previous ones


In recent years, Bangladesh has seen rapid economic growth, industrialization, and urbanization, but with this growth comes the increased need for electricity production.

In fulfilling this need, the government has plans to launch 10 mega projects to generate about 15,000MW by the year 2030. 

This is ambitious, but entirely possible.

No doubt, power is the buttress on which national development can take place, and the current government understands this fact wholly. It is heartening to see that steps are being taken to meet our goals.

To that end, it is imperative that these projects do not go down the path of many previous ones -- stuck in limbo or be endlessly delayed. 

It is an open secret that projects of such magnitude leave plenty of room for bureaucracy and corruption, and at this point in our journey to middle-income status, Bangladesh cannot afford for this to happen.

It is, thus, imperative to ensure that these projects do not get stalled, for reasons of greed, incompetence, or negligence. 

With three of the mega projects already implemented, the government has shown promising headway towards the generation of electricity. However, non-settlements of funds and technical issues still remain to be addressed for the other projects, and we hope that these issues be dealt with swiftly and without delay. 

The main goal of raising the electricity production to 24,000MW by 2021 is not a small task, but if properly implemented, by the time of the Golden Jubilee of our Independence comes around, Bangladesh’s reason for celebration will increase tenfold.