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Dhaka Friday,  Mar 29, 2024

Singapore Will Invest In Energy Sector of Bangladesh

EB Desk

State Minister for Power and Energy Nasrul Hamid has sought Singapore`s cooperation in developing waste to energy and waste management plant in power sector.
“Bangladesh wants to utilize Singaporean experiences in waste to energy and waste management,” he told Derek Loh, the Singapore`s non-resident High Commissioner in Bangladesh, when he met the state minister at his office in Power and Energy Ministry on Wednesday.
Nasrul Hamid also sought help from Singapore to train up manpower in the country’s power sector saying that Bangladesh needs efficient human resources to face the future challenges in power sector.
Presently, a number of Singaporean companies have invested in power sector.
During the meeting Nasrul Hamid discussed different issues including ongoing projects in the country’s power and energy sector, regional cooperation, investment, Bangladesh’s entry into Singapore’s bond market and training of Bangladeshi manpower in power sector.
Appreciating Nasrul Hamid`s interest, Derek Loh said Bangladesh Power and Energy Ministry has been making significant contributions to improve the bilateral relation of the two nations.
He mentioned that International Enterprise (EI) of Singapore has been working to improve bond market and business relation with Bangladesh.
He expressed his country’s desire to sign a memorandum of understanding (MoU) in this regard on the idea of public private partnership (PPP).
The Singapore envoy also expressed his country’s interest to set up LNG-based power plant in Bangladesh and also supply LNG in small scale to the country.

Singapore Cooperation Waste_to_Energy_Projects - energy bangla

 

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