Denmark, PPPA sign MoU to enhance Bangladesh’s economic growth


FE Team | Published: December 21, 2021 18:09:11 | Updated: December 25, 2021 10:12:03


Denmark, PPPA sign MoU to enhance Bangladesh’s economic growth

The Public Private Partnership Authority (PPPA), an autonomous government agency of Bangladesh, and Denmark have signed an MoU to enhance green infrastructure cooperation for Bangladesh’s sustainable economic growth.

‘With a growing population, economic growth, and graduation from LDC status, Bangladesh is becoming a key player on the global stage, said Danish Ambassador Winnie Estrup Petersen while signing the MoU with PPPA in Dhaka on Tuesday, reports UNB.

“Its wealth of resources and untapped domestic consumption potential makes the country a good candidate for investment. Ultimately, working together we hope to spark a green industrial transformation by cooperating in sectors like clean water and energy, food and agriculture, urban development, and transportation,” said the ambassador.

The Danish envoy said concretely, they foresee this as an opportunity to match Bangladeshi needs with Danish strongholds in maritime and logistics, to develop sustainable maritime and port infrastructure that will ensure stronger integration of Bangladesh into global supply chains as it continues its growth.

Sultana Afroz, secretary of the government of Bangladesh and the CEO of the PPPA, echoed those aspirations, highlighting that the PPP is a great way to advance Bangladesh’s economic growth with sustainable investments.

“Bangladesh welcomes investors from Denmark and looks forward to opportunities to work together on green technologies and innovative industrial methods. Collaboration paves the path for green transition for both our economies in a positive and fruitful way.”

 

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