The government will procure some 1.80 crore liters of soybean oil, 80,000 metric tons of fertilizer and 12,500 metric tons of sugar to meet the growing demand of the country.

The Cabinet Committee on Government Purchase (CCGP) today approved separate proposals in this regard in its 18th meeting this year today virtually with Finance Minister AHM Mustafa Kamal in the chair.

Briefing reporters after the meeting virtually, Cabinet Division additional secretary Sayeed Mahbub Khan informed that the day's CCGP meeting approved a total of 11 proposals.

As per the proposal, the state-run Trading Corporation of Bangladesh (TCB) would procure some 1.10 crore liters of soybean oil under the international tender method from Accentuate Technology Inc USA (Local Agent: OMC Ltd Dhaka) with around Taka 129.58 crore where per liter soybean oil would cost Taka 140.16.

Besides, the TCB would procure some 12,500 metric tons of sugar under Direct Procurement Method from Brandshare Trading Ltd Dhaka with around Taka 131.25 crore where per KG sugar would cost Taka 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 Taka 127.85 crore where per liter soybean oil would cost Taka 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 Taka 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 Taka 226.68 crore with per ton fertilizer costing $418.

BDST: 1742 HRS, MAY 24, 2023
MN/SMS