Bangladesh’s business community has identifi ed the ongoing energy crisis as the biggest obstacle to achieving the government’s target of raising annual exports to $100 billion by 2030, up from $48 billion in the last fi scal year.
At a consultation meeting with Prime Minister Tarique Rahman in Dhaka recently, business leaders called for reliable energy supplies, a better investment climate, simplifi ed regulations and reforms in the tax system.
The prime minister assured them that the government is working on both shortand long-term measures to address the crisis.
He said plans are underway to install a dedicated FSRU for industrial users within two years, in addition to the country’s existing two fl oating LNG terminals.
The government has identifi ed 10 priority sectors-including garments, pharmaceuticals, electronics, auto parts, man-made fi bres, ceramics and leather-to drive export growth.