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UAE keen to invest in renewable energy sector: UAE minister

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Update : Thursday, July 20, 2023

DHAKA

The United Arab Emirates (UAE) has shown interest in investing in Bangladesh’s energy sector, particularly renewable energy. Visiting UAE Minister of Industry and Advanced Technology Dr Sultan Ahmed Al Jaber today showed this eagerness while paying a courtesy call on Prime Minister Sheikh Hasina at her official residence Ganabhaban here.  “We are very interested in the energy sector, especially renewable energy alongside conventional energy,” PM’s Press Secretary Ihsanul Karim said while briefing reporters after the meeting.  Dr Sultan Ahmed, also the chairman of ‘Masdar’ (an energy company) and Managing Director of Abu Dhabi National Oil Company (ADNOC), said that they will send two teams to Bangladesh from UAE — one is to discuss renewable energy and another one is to discuss business. During the meeting, they mainly discussed about the issues of climate change and bilateral relations, including economic cooperation. Dr Sultan Ahmed, also the UAE Special Envoy for Climate Change and President-Designate for the 28th Conference of the Parties (COP28), praised the leadership of Prime Minister Sheikh Hasina on the climate change issues and sought her further support on it. He also requested the Prime Minister to extend support on climate change and food security issues. “We want to be a game changer,” he said, adding, they are exerting pressure on collection of climate funds to solve the problem before the COP28. Mentioning that UAE is making green, the minister said they want to get a positive impact from the COP28 in the UAE. The Prime Minister said the COP28 is crucial since it will involve a global stocktake of the Paris Agreement. “We hope the UAE presidency will help making a realistic assessment of the progress and the huge gaps that remain to accelerate climate actions globally to maintain the 1.5 degree temperature,” she said. Talking about the bilateral relations between Bangladesh and UAE, the premier said, “We’ve many things in common.” PM’s Private Industry and Investment Adviser Salman Fazlur Rahman, PM’s ambassador-at-large Mohammad Ziauddin, PMO Secretary Mohammad Salahuddin and Environment, Forest and Climate Changes Secretary Dr. Farhina Ahmed and UAE ambassador to Bangladesh Abdullah Ali Al Hamoudi were present.


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