http://nation.ittefaq.com/issues/2010/01/31/news0609.htm
Bangladesh ‘road show’ in New York to attract FDI in power sector
BSS, Dhaka
A two-day ‘road show’ of Bangladesh for attracting the foreign direct investment (FDI) to the power and energy sector started at Marriott Marquise Hotel in New York yesterday.
Bangladesh organized the show titled “Bangladesh Investment Conference and Road Show on Power and Energy Projects” for encouraging the participation of the private sector in the power and energy sector.
A total of 160 representatives from 78 organizations, including Morgan Stanley, Olstat, ARC, Caterpillar, Konco Philips, GoaldStar Energy and HSBC, are participating in the show, according to an official handout. One-to-one meetings have been organized after the main presentation. This road show has been organized for attracting the FDI for setting up new power plants with the capacity of 4,000 megawatts (MWs) of electricity and constructing an LNG terminal.
Adviser to the Prime Minister on Power Dr Toufiq-e-Elahi, Bir Bikram, was present at the function as the chief guest.
He said there are enormous investment potentials in Bangladesh.
State Minister for Power, Energy and Mineral Resources Mohammad Enamul Haque said Bangladesh has been maintaining economic stability for a last few years and it will be more dynamic in future.
Bangladesh Ambassador to the US Akramul Kader delivered the welcome address, while Chairman of the Board of Investment Dr SA Samad presented a paper titled “Macro Economic Stability and Investment Prospects”.
Energy Secretary Md Abul Kalam Azad presented a paper on “Power Sector of Bangladesh: Policy issues,” PDB Chairman ASM Alamgir Kabir presented “Power Sector of Bangladesh: General Expansion Plan, Private Participation and New BOO Projects” and Petrobangla Chairman Dr Hossain Mansur presented “LNG Terminal at Port City Chittagong in Bangladesh.”
Chairman of Parliamentary Standing Committee on Power, Energy and Mineral Resources Ministry Abdullah al Islam Jacob, Deputy Governor of Bangladesh Bank Ziaul Hasan Siddiqui, BPC’s Chairman Anwarul Karim, member of New York State Senate MalCom Smith, US- Bangladesh Partners President Aziz Ahmed, US-Pan Pacific Chamber of Commerce President Sevio Chan, World Bank’s Lead Energy Specialist Mac Cosgrov Davis and US State Department Representative Elena spoke.
