Govt to drill 150 gas wells, set up 3-4 new LNG terminals to boost gas supply
Dhaka, Oct. 19 -- Finance Minister Amir Khosru Mahmud Chowdhury on Monday said the government is planning to drill 150 gas wells and set up three to four new liquefied natural gas (LNG) terminals to boost gas supply.
"The government is also offering tax waivers and incentives for solar power generation, pursuing reforms in the banking and revenue sectors, and moving to create a dedicated fund in the capital market to attract foreign investment," he said.
The minister was speaking at a discussion titled "Sustainable Power and Energy: Driving Investment in Bangladesh", organised by the Foreign Investors' Chamber of Commerce and Industry (FICCI) at a city hotel.
Noting that the government is offering tax exemptions and incentives to incre...
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