Editorial
Small investors are big resources for Bangladesh’s economy. They can contribute
to the development of energy sector. They can play an important role in
mobilizing funds for industrialization, setting up power plants and running gas
and electricity companies. So the government must take initiatives for allowing
them to the capital market under a strong and transparent policy. Experts think
the government can strengthen the share market by offloading shares of good
companies. The decision of offloading shares of the PGCB and DESCO is very
timely and praiseworthy. But it needs smooth implementation. To ensure power for
all by 2020, the country will need US$ 16 billion investment. Similar amount of
investment will be needed for the development of gas sector. If the government
really wants to develop all these energy sectors, it can easily manage a big
portion of the required investment by offloading shares of public sector energy
companies, experts believe. They observe that the future investors in the energy
sector should be allowed with a condition that they will have to go to the
capital market.
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