Foreign investment in the electricity sector of Bangladesh is going up remarkably every year compared to other countries in the world. In last one year, a total of $2.5 billion has been invested in the power sector to generate 2,000 MW power in private in sector.
It is also expected that another $15 billion investment will be made in the power sector by 2021, according to sources concerned. Power sector analysts said that investment-friendly environment has been created in the country due to prevailing political stability in the country in the last decade and the government is taking newer projects in the sector.
According to sources at Power Division, the total amount of investment in the electricity sector between the time period of 2009 and 2017 is $8.9 billion. Of this, $4.8 billion was invested in the public sector while it is $4.1 billion in the private sector.
Concerned officials said that the government is constantly working to make electricity available for the countrymen by 2021. Bangladesh will be able to achieve its target level of 39,000 MW power generations by 2030 if the current rate of foreign investment continues here.
