The Power Division of Bangladesh and Siemens of Germany on Friday initialled a joint development agreement for the construction of a 3,600MW LNG power plant at Payra in Bangladesh.
The document was signed following a meeting of Siemens CEO Joe Kaeser with Prime Minister Sheikh Hasina at the Sheraton hotel in Munich, Germany where Hasina is staying.
CEO of North West Power Generation Company of Bangladesh Khorshed Alam and Chief Executive Officer and Global President of Siemens Joe Kaeser signed the document.
Briefing reporters after the meeting, Foreign Secretary Md Shahidul Haque said the power plant was the initial part of Siemens' plan to come to Bangladesh in a big way to invest in health, education and other sectors.
Later, Hans Wolfgang Kunz, CEO of German company Veridos, met Hasina at the hotel.
Wolfgang informed the prime minister about the progress of manufacturing e-passports for Bangladesh, saying that the company would be able to hand over the first batch by June next.
The Veridos CEO said from a technological point of view, such e-passports were very much advanced and would only be used in two countries, Germany and Bangladesh. It is almost impossible for the passport to be forged. Kunz expressed interest in data processing and other sectors, the foreign secretary said, adding that the company has a plan to invest in a greater way in Bangladesh.
Foreign Minister AK Abdul Momen, Principal Secretary Md Nazibur Rahman, Foreign Secretary Md Shahidul Haque, PM's Press Secretary Ihsanul Karim, Power Division Secretary Ahmad Kaikaus and Bangladesh Ambassador to Germany Imtiaz Ahmed were present.