Dhaka:Prime Minister's Office spokesperson Mahdi Amin announced today that the government has launched various initiatives aimed at effectively utilizing domestic resources in the energy sector. These initiatives are part of a broader strategy to ensure energy security and reduce long-term dependence on foreign energy sources.
According to Bangladesh Sangbad Sangstha, Mahdi Amin detailed these efforts during a conference organized by the Global Compact Network Bangladesh, titled "Sustainability Day 2026 New Frontiers for Growth," held at a city hotel. He emphasized the government's commitment to providing policy support to key economic sectors, including the readymade garment (RMG) industry, and highlighted specific measures such as tax exemptions for solar panel manufacturing and solar power projects.
Amin outlined the government's goal to develop a self-sufficient energy supply chain, with a target to generate 4,000 megawatts of electricity from solar power in the near future. Current undertakings include exploring domestic gas reserves, installing new Floating Storage and Regasification Units (FSRUs), and assessing the country's coal potential.
The spokesperson also underscored the importance of adopting modern global waste management practices to transform waste into electricity, gas, and reusable water. He reiterated the government's dedication to supporting the RMG sector, describing it as vital to the nation's economy and stressing the need for diversified exports, workers' rights protection, and inflation control.
Bangladesh's progress in the RMG sector is marked by nearly 300 Leadership in Energy and Environmental Design (LEED)-certified green factories, boosting the country's standing on the global stage. The conference was attended by former ambassador Farooq Sobhan and Norwegian Ambassador to Bangladesh Hakon Arald Gulbrandsen, among other notable figures.