State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Sunday said that the incumbent government has invested $8 billion in power and energy sector in the last six years and $10 billion investment are on the pipeline. State Minister also said that more $40 billion investment is required for the power and energy sector in the future. The state minister made the remarks while speaking on a seminar styled ‘Investment and PP Opportunities in Economic Zones, Tech Parks, and Energy & Power sector’ at Bangladesh Investment and Policy Summit-2016 held at Radisson Hotel in the city. Syed Afsor H Uddin, CEO of Public Private Partnership Authority (PPPA) presented the key note paper while Power Division Secretary Monowarul Islam, Bangladesh Economic Zone Authority (BEZA) Executive Chairman Paban Chowdhury, Pendekar Energy Ltd Regional Manager Ahmad Syahrani bin Solaiman, Principal Investment Office of Infrastructure & Natural Resources of South Asia Kamal Sorabawila and Summit Group Chairman Aziz Khan spoke as the pane speakers at the seminar. In his speech, Nasrul Hamid said power security is the main challenge for sustainable development and uninterrupted power supply in needed for the industries. Nasrul Hamid said that the incumbent government is relentlessly working towards attaining Vision-2021 and Vision-2041. State minister also said that a number of economic zones have been established for implementing the SBG programme and attracting investment in the country. Power division secretary said the country has sufficient power and energy for supplying uninterrupted supply in economic zones, hi tech parks and other infrastructure projects. There will be huge opportunity for investment in renewable energy sector in the country as the government has planed to generate more coal based power plant and renewable energy, Monowarul Islam said.
