An acute shortage of energy -- particularly natural gas -- remains the single-biggest obstacle to investment in Bangladesh, Executive Chairman of the Bangladesh Investment Development Authority (BIDA) Chowdhury Ashik Mahmud Bin Harun said recently.
"The major issue is energy. There is no scope for doubt about it. Even from the government's perspective, we know very well that the specific fuel in focus is gas," he said.
"After that, you can raise the issue of electricity."
The BIDA chief made the remarks while responding to a question on the key challenges facing investors in the country at a journalists' workshop titled "Bangladesh's Investment Flows and Investment Facilitation", organized by BIDA at its headquarters in the capital's Agargaon, where he was the chief guest.
"If the energy constraint remains, no matter how many investment summits we hold, investors will not come," he said.
