Commerce Minister Khandaker Abdul Muktadir has called on Canadian investors to explore opportunities in Bangladesh’s solar energy sector, describing it as a key driver of future bilateral trade and economic cooperation.
He made the appeal during a meeting with Canadian High Commissioner Ajit Singh at the Bangladesh Secretariat in Dhaka on Sunday, according to a press release.
The discussion focused on strengthening long-term economic ties by capitalising on Bangladesh’s ongoing transition towards green energy and expanding technology-based industries.
The commerce minister highlighted the government’s strong emphasis on attracting both local and foreign investment in renewable energy, particularly solar power.
He noted that Bangladesh has already taken initiatives to achieve a target of 10,000 megawatts of solar power generation in the coming years.
Khandaker Abdul Muktadir assured that the government is prepared to provide necessary policy support and institutional facilitation to encourage foreign investment in the sector.
Canadian High Commissioner Ajit Singh, in response, acknowledged the strong bilateral relations between Bangladesh and Canada, stating that there remains significant scope to expand trade and investment cooperation.
He pointed out that the Bangladeshi diaspora in Canada plays an important role in strengthening economic links between the two countries.
The high commissioner also said Canadian investors are increasingly interested in Bangladesh, particularly in agri-food, fintech, and renewable energy sectors, including solar power.
Both sides expressed optimism that deeper cooperation in these areas would further enhance diplomatic relations while generating mutual economic benefits.
The meeting concluded with a shared commitment to advancing broader trade and investment partnerships between Dhaka and Ottawa.
