Norway interested to invest in Bangladesh’s renewable energy sector

Norway has expressed interest to invest in the renewable energy sector of Bangladesh under Norway Climate Investment Fund.

Norwegian State Secretary of Foreign Affairs Erling Rimestad expressed this interest at a meeting with State Minister for Foreign Affairs Md. Shahriar Alam on the sidelines of Oslo Forum-2023 on Tuesday.

They discussed various bilateral and regional issues of mutual interests, including trade and investment cooperation on ship-recycling and blue economy as well as the Rohingya crisis and climate change.

The Norwegian state secretary underscored the importance of women empowerment and gender equality and appreciated Bangladesh’s rapid socio-economic development.

During the meeting, the state minister thanked Norway for its development cooperation with Bangladesh over the last 50 years and NORFUND’s investment, particularly in our financial sector.

He also appreciated Norway’s humanitarian assistance to Rohingyas, temporarily sheltered in Bangladesh and its political support towards their safe, sustainable and voluntary repatriation.