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27 January 2023

Business Insider Bangladesh

Finland keen to back Bangladesh in energy sector

BI Desk || BusinessInsider

Published: 17:48, 29 November 2022  
Finland keen to back Bangladesh in energy sector

Photo: Collected

Finland, as a development partner of Bangladesh, is keen to support energy, smart city and smart port solutions in Bangladesh.

The interest was shown at a seminar titled “Finland’s Smart Infrastructure Day; Building Bangladesh” jointly organised by Finland Embassy in Dhaka and the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) held at a city hotel on Monday.

The speakers at the seminar said that in order to materialise the goal of becoming a prosperous developed country by 2041, Bangladesh is going through an infrastructural transformation, where modern technology, technical skills and adequate financing are required to ensure sustainable development, reports Bangladesh Sangbad Sangstha.

Speaking on the occasion, the Ambassador of Finland in Bangladesh Ritva Koukku-Ronde said, “We are here to strengthen the bilateral relations with Bangladesh. Particularly in economic and technical cooperation we have opportunities to work. Finnish companies can invest here in the energy, smart city and port management sector.”

In order to further expand trade between the two countries, she sought cooperation from the FBCCI.

Speaking at the Seminar, FBCCI President Md Jashim Uddin said, “Bangladesh always considers Finland as a development partner. Finnish companies are highly rich in industrial equipment, port management and the energy sector. I believe their experiences and technologies can help Bangladesh toward its development journey.”

Referring to a report of HSBC, Jashim said, “Regarding the local market size, Bangladesh is in the 9th position among the world. So, there are opportunities for Finnish companies here.”

To ensure energy safety, he said the government is focusing on mixed based power generation.

Honorary Consul General of Finland in Bangladesh and Chairman of Summit Group Aziz Khan emphasised on technology transfer between Bangladesh and Finland in the renewable energy sector.

Finnish Companies like Nokia, Wartsila, Elematic, Konecranes and Bangladeshi Companies like Summit Group, Bashundhara Group, Gemcon Group, Cosmos Group highlighted their business profiles and plans in the seminar.

FBCCI senior vice president Mostofa Azad Chowdhury Babu, vice president Md. Amin Helaly, Salahuddin Alamgir, directors, secretary general, among others, attended the seminar.


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