Energy Adviser Dr Fouzul Kabir Khan has assured that contracts in the power and energy sectors will now be awarded based on merit and efficiency rather than political connections, a shift he believes will foster competition and drive economic growth.
Speaking at a seminar titled "Way of Mitigating Energy Crisis in Industrial Sector," organised by the Bangladesh Chamber of Industries (BCI) at a city hotel on Saturday, Dr Khan criticised past practices that favoured politically connected businesses over capable contenders.
"For 15 years, only a select group of businessmen with ties to ministers or the government secured contracts, stifling healthy competition and, in turn, suppressing the economy. This will change now, as private investment is being encouraged, and contracts will be merit-based," he said.
The seminar, chaired by BCI President Anwar-ul-Alam Chowdhury Parvez, brought together policymakers and industry leaders to discuss the energy crisis hampering industrial growth.
Commerce Adviser Sheikh Bashir Uddin supported Dr Khan's vision, highlighting improvements under the current interim government.. —UNB
