Hasina invites bigger German investment

Unb, Berlin

Foreign Minister Dipu Moni and German Federal Minister for Economic Cooperation and Development Dirk Niebel sign a joint declaration on climate change in Berlin yesterday, in the presence of Prime Minister Sheikh Hasina and top officials of the two governments. Photo: PID

Prime Minister Sheikh Hasina yesterday said German investors could make big investment in Bangladesh, exploiting the facilities her government offers to foreign investors. She invited the German investment as Federal Minister for Economic Cooperation and Development Dirk Niebel met her at Hotel Adlon Kempinski. “Germany can invest in infrastructures, power generation, seaport, deep-sea port, and international airport under the public-private-partnership (PPP)”, PM's Press Secretary Abul Kalam Azad quoted Hasina as saying. Hasina said her government has been providing various facilities for foreign investors to attract investment. She urged the German entrepreneurs to make bigger invest in Bangladesh by taking the advantage of the opportunities. The prime minister also sought German's support to duty and quota-free access of goods from the Least Developed Countries (LDCs) to G-8 (advanced economies) markets. Sheikh Hasina also held another meeting with Federal Minister for Environment Norbert Rottgen at the same hotel yesterday and sought German assistance in Bangladesh's adaptation and mitigation action plans to fight climate challenges. The International Renewable Energy Agency (IRENA) in Germany could help Bangladesh with affordable and renewable energy technology from Germany, she said. The premier also called for transferring Germany's high quality environment-friendly technology to Bangladesh. She said her government has undertaken 194 action plans in six areas to battle against changing climate. She urged Germany to take a leading role in implementing the climate change agreement to help the most vulnerable countries. The German minister highly appreciated Hasina's leadership and said Bangladesh achieved tremendous successes in agriculture, education, health, and women empowerment. Health Minister Dr AFM Ruhal Haque, Foreign Minister Dipu Moni, Ambassador-at-Large M Ziaudddin, Principal Secretary Sheikh Wahid Uz Zaman, PM's Press Secretary Abul Kalam Azad, and Bangladesh Ambassador to Germany Mosud Mannan were present at the meeting. Prime Minister Sheikh Hasina emphasised transfer of Germany's environment-friendly technology to Bangladesh in another meeting with a delegation of Bangladesh-German Chamber of Commerce and Industry (BGCCI) at Hotel Adlon Kempinski yesterday, reports Bangladesh Sangbad Sangstha (BSS). “Bangladesh wants to benefit from Germany's high quality environment-friendly engineering and technology as transfer of such technology is necessary for us to face the challenges of climate change”, she told the 17-member delegation led by BGCCI President Md Saiful Islam, said PM's Press Secretary Abul Kalam Azad. Sheikh Hasina sought German assistance in Bangladesh's adaptation and mitigation action plans as well as in the environment protection. She also invited bigger German investment in the sectors of power, oil, gas, infrastructure, textiles, shipbuilding, leather, steel, ICT, pharmaceuticals, and agro-processing.