Bangladesh needs consistent power and gas supply to maintain growth
“The ongoing shortage of power and gas supply will be the main obstacle to Bangladesh’s economic growth, as forecasted by the Bangladesh Bank (BB). The government’s ability to eliminate energy shortages and to add capacity will have significant effects on short- and medium-term growth.”
Implications from IFTF:
We often focus development efforts on new technologies and innovations, this signal however points out something very important. Without basic infrastructures growth will only reach a certain level, until basic infrastructures are in place.
Sources:Intellecap February 2011, page 11