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29 September 2023


Business Insider Bangladesh

Govt to purchase 1.80cr liters of soybean oil, 80,000 tonnes of fertiliser

BI Report || BusinessInsider

Published: 15:40, 24 May 2023  
Govt to purchase 1.80cr liters of soybean oil, 80,000 tonnes of fertiliser

Representational photo

The Cabinet Committee on Government Purchase (CCGP) has approved separate proposals for purchasing around 1.80 crore liters of soybean oil, 80,000 tonnes of fertiliser and 12,500 tonnes of sugar to meet the local demand.

The approvals came from the 18th meeting of the CCGP this year held virtually with Finance Minister AHM Mustafa Kamal in the chair on Wednesday.

Cabinet Division Additional Secretary Sayeed Mahbub Khan, during a press conference after the meeting, informed that the day’s CCGP meeting approved a total of 11 proposals.

Following a proposal from the Ministry of Commerce, the state-owned Trading Corporation of Bangladesh (TCB) would procure around 1.10 crore liters of soybean oil under international tender method from Accentuate Technology Inc USA (Local Agent: OMC Ltd Dhaka) with around Tk 129.58 crore where per liter soybean oil will cost Tk 140.16, he said.

BSS adds: Besides, the TCB would procure some 12,500 metric tons of sugar under Direct Procurement Method from Brandshare Trading Ltd Dhaka with around Tk 131.25 crore where per KG sugar would cost Tk 105.

The TCB would also procure some 70 lakh liters of soybean oil under local Open Tender Method from City Edible Oil Ltd with around Tk 127.85 crore where per liter soybean oil will cost Tk 182.65.

The Cabinet Division additional secretary said following two separate proposals from the Ministry of Agriculture, Bangladesh Agricultural Development Corporation (BADC) would procure some 30,000 metric tons of TSP fertilizer under the 3rd lot under state-level agreement from OCP, SA, Morocco with around Tk 120.03 crore with per ton fertilizer costing $368.

Besides, the BADC would procure some 50,000 metric tons of MOP fertilizer under the 5th lot under state-level agreement from Canadian Commercial Corporation with around Tk 226.68 crore with per ton fertiliser costing $418.

Mahbub said that the day's CCGP meeting approved three separate proposals from the Bangladesh Economic Zones Authority (BEZA) on the Bangabandhu Sheikh Mujib Shilpa Nagar.

He said that the joint venture of Cheil Engineering Co Ltd Korea, Yooshin Engineering Corporation, Korea and Engineering and Planning Consultants Ltd Bangladesh will act as consultants at the Bangabandhu Sheikh Mujib Shilpa Nagar Development Project with around Tk 53,53,34,375.

The joint venture of CCECC, China and CRCC, China will implement the work for constructing 10.70-kilometer roads and 16.557-kilometer drainage works with around Tk 237.99 crore at the Mirersarai-2A economic zone area under Bangabandhu Sheikh Mujib Shilpa Nagar.

Apart from these, the CCGP meeting approved a proposal under which the National Development Engineers Ltd would construct 12.10-kilometer roads and a 12.861-kilometer drainage network with around Tk 219.93 crore at Mirersarai-2B economic zone area.

Besides, the meeting approved a proposal from the Ministry of Land and two variation proposals from the Local Government Division and the Ministry of Water Resources.

Nagad