American Bangladeshis to invest more in the country in a bid to achieve higher economic growth.

“Building of Sonar Bangla is just happening. American Bangladeshis can contribute with ideas and investment,” he said.

Mozena's comments came at the inauguration of US-Bangla joint venture Solaric's new plant.

Solaric is a developer of renewable energy technology and products. The new factory, which spans 10,000 square feet, will make solar optimisers, a key component of solar home systems (SHSs) that increase power voltage.

He said all people in rural areas will get access to electricity by 2021 due to high penetration of SHSs. 

“I believe seven years from now nobody will be sitting in the dark.”

Currently, 42 percent of rural population have access to electricity, and reliance on the grid alone will not achieve the government's vision of universal access to electricity by 2021, according to the World Bank.