BD ensures security to foreign investors

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Staff Reporter :
State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said, Bangladesh is providing highest security for the foreign investors.
Addressing a ‘Bangladesh Growth Summit’ in London on Monday the minister said, the country is very suitable place for investment where many potential energetic young manpower is available in affordable pay.
Describing Bangladesh’s present and future plan, Nasrul Hamid said, the
country is the second rapid economy expanding country in the World as per International Monetary Fund published data.
The country will be 23rd economy in the World in 2050 as the analysts of different international economic and social organizations mentioned, he said.
The Minister also said that the country have a reserve of fine quality coal which values around US$300 billions.
As per the present master plan Bangladesh will generate 60,000MW electricity by 2040 and of which 10 percent will come from renewable sources.
Bangladesh will award power distribution line setting up sector to private sector like Power Generation, the Minister said.
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