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Govt to buy 11m litres of soybean oil


Published : 19 Jan 2023 11:45 PM

The government will buy 1.10 crore litres of soybean oil and 8,000 metric tons of lentils worth Tk 274.16 crore for the state-run Trading Corporation of Bangladesh (TCB) from local sources. 

The decision was taken at a meeting of the Cabinet Committee on Government Purchase (CCGP) chaired by Finance Minister AHM Mustafa Kamal. 

Briefing reporters virtually after the meeting, Cabinet Division Additional Secretary Syed Mahbub Khan said five proposals worth Tk 1,379.37 crore had been presented for approval in the meeting.

Among these, one proposal from the Road Transport and Highways Department, one from the Ministry of Housing and Public Works, two from the Ministry of Commerce and one from the Ministry of Civil Aviation and Tourism, he mentioned.  

The cabinet committee approved the procurement proposal of the TCB under the Commerce Ministry to procure 1.10 crore litres of Soybean oil at a cost of around Tk 200.20 crore from Shun Shing Edible Oil Ltd. 

The CCGP also approved another procurement proposal of TCB to procure 8,000 metric tons lentil from ETC Agro Processing Private Limited, India (Local Agent: Export Trading BD Ltd, Dhaka) at a cost of Tk 73.96 crore.

The meeting also approved a proposal of Roads and Highways Department under the Road Transport and Highways Division to procure the civil works under the package number WP-02 of the "SASEC Dhaka-Sylhet Corridor Road Development" Project from joint venture of HEGO, China and Mir Akhter, Bangladesh at a cost of Tk 1,055.20 crore. 

The meeting also approved a proposal of Public Works Department under the Housing and Public Works Ministry to procure the electrification works of the "Construction of nine Residential Tower Buildings for Policemen in Dhaka Metropolitan Area" under Project Package No-WD-5/2 from Noorani Construction Ltd at a cost of Tk 23.20 crore.

The meeting also approved a variation proposal of Bangladesh Civil Aviation Authority under the Ministry of Civil Aviation and Tourism to procure civil works under the "Construction of General Aviation Hangar, Hangar Apron and Apron at north side of fire station at Hazrat Shahjalal International Airport" project from joint venture, BUCG, NDE and AERONESS, Bangladesh at an additional cost of Tk 26.79 crore.