Govt to procure 3.80cr litres soybean oil, 3 lakh tonnes wheat, 1.70 lakh tonnes fertilizer

The government has approved separate proposals for procuring some 3.80 crore liters of soybean oil, 3 lakh tonnes of wheat, 1.70 lakh tonnes of fertilizer to meet the growing demand of the country.

The approvals came from the 30th meeting of the Cabinet Committee on Government Purchase (CCGP) in this year held virtually with Finance Minister AHM Mustafa Kamal in the chair on Wednesday.

While briefing reporters after the meeting virtually, Cabinet Division additional secretary Sayeed Mahbub Khan said that the day's CCGP meeting approved a total of 14 proposals.

BSS adds: Mahbub said that following a proposal from the Ministry of Food, the Directorate General of Food would procure 3 lakh metric tons of wheat from Russian Federation under G2G basis with around Tk 1,032.90 crore with per KG wheat costing Tk 34.43.

He informed that following two separate proposals from the Ministry of Commerce, the state-run Trading Corporation of Bangladesh (TCB) would procure 50 lakh liters of soybean oil under local open tender method from Bashundhara Multi Food Products Ltd for the current fiscal year (FY24) with around Tk 79.92 crore with per liter soybean oil costing Tk 159.85.

The TCB will also procure some 3.30 crore liters of soybean oil under International Direct Procurement Method (DPM) from Brizo Marine SDN BHD, Malaysia (Local Agent: Sena Edible Oil Industries, Dhaka) with around Tk 433.62 crore with per soybean oil costing Tk 155.93.

In another proposal, the TCB would purchase 6,000 tonnes of lentil under local open tender method for the current fiscal year from Sabnam Vegetable Oil Industries Ltd with around Tk 58.11 crore with the price of per KG lentil fixed at Tk 96.85.

In one out of four separate proposals from the Ministry of Agriculture, Bangladesh Agricultural Development Corporation (BADC) would procure 50,000 metric tons of MOP fertilizer under the 13th lot from Canadian Commercial Corporation under state-level agreement with around Tk 177.65 crore with per ton fertilizer costing $323.

The BADC will also procure another consignment of 50,000 metric tons of MOP fertilizer under the 14th lot from Canadian Commercial Corporation under state-level agreement with around Tk 177.65 crore with the cost of per ton fertilizer reaching $323.

In another proposal, the BADC will procure 40,000 tonnes of DAP fertilizer under the 6th lot from OCP, SA, Morocco under state-level deal with around Tk 231.44 crore with per ton fertilizer costing $526.

Besides, in another consignment, the BADC will procure 30,000 tonnes of TSP fertilizer from OCP, SA, Morocco under the 7th lot at state-level agreement with around Tk 128.62 crore with per ton fertilizer costing $389.75.