Cabinet committee on government purchase (CCGP) in a virtual meeting on Wednesday approved a number of proposals including procurement of edible oil, lentil and fertiliser.

Finance Minister AHM Mustafa Kamal presided over the meeting.

As per the approved proposals, placed by the Ministry of Commerce, its subordinate body Trading Corporation of Bangladesh (TCB), the state marketing agency, will purchase of 80 lakh liters of soybean oil from City Edible Oil Ltd., at a cost of Tk 128.24 crore for the fiscal year 2023-2024 through local open tender system. Each litre will cost Tk 160.30.

The TCB will purchase 65 lakh liters of rice bran oil at a cost of Tk 103.35 crore through direct purchase method (DPM) from two local companies in two separate lots. The suppliers are Majumder Products Ltd and MRT Agro Products Ltd. Each litre will cost Tk 159.

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Some 6000 metric tons (MTs) of lentil will be procured by the TCB directly without any tender from Bashundhara Food and Beverage Ltd and Foodco Agrocity Ltd at a cost of Tk 66.60 crore with each kilogram (kg) costing at Tk 111.

Another 21000 MTs of lentil will be procured by the TCB directly without any tender from Nabil Naba Food, Bashundhara Food and Beverage, Foodco Agrocity and JI Traders at a cost of Tk 260.90 crore with each cost at Tk 99 per kg.  

The Cabinet body approved four proposals for importing fertilisers.

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Of these, Bangladesh Chemical Industries Corporation (BCIC) under the Ministry of Industry will import 30,000 MTs bulk granular urea fertiliser from SABIC Agri-nutrients Company, Saudi Arabia at a cost of Tk 120.45 crore. Each MT will cost $365.

The BCIC will purchase 30,000 MTs of bagged granular urea fertiliser from Karnaphuli Fertilizer Company Limited (Kafco) at a cost of Tk 118.84 crore. Each MT will cost $360.125.

Bangladesh Agricultural Development Corporation (BADC) under the Ministry of Agriculture will import 30,000 MTs of TSP fertiliser OCP, S.A. of Morocco at a cost of Tk 130.02 crore. Each MT will cost $394.

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The BADC will purchase 50,000 MT of muriate-of-potash (MOP) fertiliser from Canadian Commercial Corporation (CCC) under the state-level contract at a cost of Tk 180.26 crore. Each MT will cost $327.75.

It will import another 50,000 MTs of muriate-of-potash (MOP) fertilizer from the same CCC at the same cost of  Tk 180.26 crore. . Each MT will cost $327.75.