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Speaker Hafiz Uddin Ahmad Urges Singapore to Invest in Offshore Oil and Gas Exploration and Coastal Infrastructure

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Staff Reporter

Staff Reporter • 2 Nov • 2 min read

Speaker Hafiz Uddin Ahmad Urges Singapore to Invest in Offshore Oil and Gas Exploration and Coastal Infrastructure
Speaker Hafiz Uddin Ahmad and Singapore Non-Resident High Commissioner Derek Loh during their meeting at Jatiya Sangsad.

Speaker of the Jatiya Sangsad Hafiz Uddin Ahmad has invited Singapore—one of Bangladesh's premier economic partners—to invest in high-potential sectors across the country, particularly in oil and gas exploration and extraction in Bhola and coastal offshore regions. The call was made during a courtesy meeting with Singapore’s Non-Resident High Commissioner Derek Loh at the Speaker's Office in Jatiya Sangsad Bhaban on Monday, November 2, 2026.

Highlighting Bangladesh's recent democratic transition following the July 2024 uprising and the successful conduct of the 13th National Parliamentary Election, Speaker Hafiz Uddin Ahmad praised the vision of Singapore’s founding father, Lee Kuan Yew, and urged Singaporean enterprises to play a pivotal role in "New Bangladesh." In response, High Commissioner Derek Loh stressed the necessity of prioritizing technical and vocational education over traditional university degrees to empower Bangladesh’s youth workforce. He also pointed to Singapore's expertise in maritime economics, recommending that Bangladesh expand its shipbuilding industry and construct modern dry docks to boost economic growth.

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The high-level bilateral meeting also covered trade expansion, readymade garments (RMG), parliamentary exchange visits, the Constitutional Amendment Committee's ongoing work, and reforms in public service recruitment examinations.

— Daily Best News Desk • Fearless in the search for truth

Reported by Staff Reporter • Edited by the Daily Best News desk. Send corrections to [email protected].

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