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Govt to buy 2.09cr litres of soybean oil


Published : 29 Dec 2022 10:11 PM | Updated : 30 Dec 2022 04:36 PM

The government has approved the purchase of 2.09 crore   litres of soybean oil from foreign and local sources for the Trading Corporation of Bangladesh (TCB). 

A meeting of the Cabinet Committee on Government Purchase (CCGP) held virtually with Finance Minister AHM Mustafa Kamal in the chair arrived at the decision on Thursday.

Briefing newsmen after the meeting, Cabinet Division additional secretary Sayeed Mahbub Khan said that nine proposals were approved in the meeting on Thursday.

He said that following three separate proposals from the Ministry of Commerce, the state-run Trading Corporation of Bangladesh (TCB) would procure 2.09 crore litres of soybean oil from different sources.

The TCB will procure 44 lakh litres of soybean oil from Sena Edible Oil Industries, Dhaka with Tk 81.18 crore under the local Direct Procurement Method (DPM) with per litre soybean oil costing Tk 184.5 down from the previous price of Tk 185 per litre.

The TCB would procure 1.10 crore litres of soybean oil from Zad Al Rahil International LLC Sultanate of Oman (local agent: Sky Trading) under the international DPM method with around Tk 151.73 crore where per litre oil would cost Tk 152.86 against the previous price of Tk 185 per litre, he added.

 Besides, the TCB will procure 55 lakh litres of soybean oil from Shun Shing Edible Oil Ltd. Dhaka under the local DPM method with around Tk 101.47 crore.

 Moreover, the TCB would procure some 8,000mts of lentils from Arabel Bakliyat Hububat Santic AS (local agent: BINQ, Dhaka) under the international open tender method with around Tk 81.57 crore costing Tk 101.97 per kg.

 The Cabinet Division additional secretary said following a proposal from the Ministry of Agriculture, Bangladesh Agricultural Development Corporation (BADC) would procure some 30,000 mts of TSP fertilizer from OCP, SA, Morocco under a state-level agreement with around Tk 153.86 crore where per tonne fertilizer would cost $480.

 Besides, the Bangladesh Chemical Industries Corporation (BCIC) under the Ministry of Industries will also procure some 30,000mts of bulk granular urea fertilizer from Fertiglobe Distribution Limited, UAE under the 9th lot with around Tk 153.60 crore with per tonne fertilizer costing $480 against the previous price of $518.35.

 He said the CCGP meeting approved another proposal from the ICT Division under which the package numbers WD-5, 16, 17, 27 and 29 under the project for building initial infrastructures for Sheikh Hasina Institute of Frontier Technology at Shibchar upazila in Madaripur has been awarded to Western Engineering Private Ltd with around Tk 424.54 crore.