Chairperson of the European Union Chamber of Commerce in Bangladesh (EuroCham) Nuria Lopez has said maintaining a "predictable and balanced" energy tariff regime is essential for ensuring investor confidence and supporting industrial expansion.
"We believe a collaborative approach to policy design can help avoid business disruptions and send a positive signal to potential investors," Lopez said.
In the spirit of constructive collaboration and shared commitment to Bangladesh’s economic progress, the EuroCham of Bangladesh on Tuesday emphasised the importance of working hand in hand with the government and relevant stakeholders to create a more conducive environment for European investors.
EuroCham acknowledged the government’s efforts towards a sustainable energy future and appreciates the progress made in energy sector reforms.
The Chamber, however, said they remain "concerned" about the recently announced gas tariff structure by the Bangladesh Energy Regulatory Commission (BERC), which introduces differential pricing based on industrial consumers’ contractual timelines and gas connections.
While recognising the complexity of energy policy, EuroCham believes that the current model—placing higher tariffs on new and expanding industries—may unintentionally undermine Bangladesh’s competitiveness and investment appeal.
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Fragmented energy costs within the same sector risk discouraging both foreign and domestic investment at a time when Bangladesh is actively positioning itself as an attractive global business destination.
EuroCham also points to the ambiguity surrounding the reclassification of long-standing industrial users under new Gas Sales Agreements and encourages BERC to approach such transitions with clarity and fairness to avoid unnecessary administrative and financial burdens.
Echoing sentiments shared during the recent public hearing, EuroCham supports calls for a more inclusive and transparent reform process.
The Chamber encourages BERC to engage more deeply with industry stakeholders in designing an energy pricing framework that aligns with the nation’s goals of industrial resilience, energy security and sustainable economic development, reports UNB.
EuroCham said it remains fully committed to partnering with the government to shape policies that promote inclusive growth and a competitive business environment for all.