Denmark keen to invest $ 1b to set up fertilizer factory

http://thenewnationbd.com/newsdetails.aspx?newsid=23582

Denmark keen to invest $ 1b to set up fertilizer factory
BSS Dhaka

Danish government has expressed its keen interest to invest $ one billion in Bangladesh for establishing a new fertilizer factory at Ashuganj in Brahmanbaria district. The offer came on Monday when Ambassador of Royal Danish Embassy in Dhaka Svend Olling met Industries Minister Dilip Barua at the latter’s office here.

“We are interested to establish a joint venture fertilizer factory in Bangladesh,” the ambassador told BSS after the meeting. The envoy handed over a proposal to this effect to the minister for taking necessary measures.

Commenting on the Danish proposal, Dilip Barua said, “We will go ahead after getting clearance from the highest authorities.”

“This is a preliminary proposal from the Denmark government to establish the fertilizer factory,” he said. During the meeting, the minister told the ambassador that the present government under the leadership of Prime Minister Sheikh Hasina believed in secularism.

Dilip Barua described Denmark is as a good friend and expressed the hope that the country’s support for Bangladesh will continue in the days to come. “The proposed factory would be built on sophisticated technology. A smooth supply of natural gas will have to be ensured for the purpose,” Svend Olling said.

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