Govt. to procure soybean oil, lentil for TCB’s OMS

Staff Reporter :
The government will procure a huge quantity of soybean oil and lentil to sell through Open Market Sale programme under the state owned Trading Corporation of Bangladesh (TCB).

Cabinet Committee on Government Purchase (CCGP) at a meeting, with Finance Minister AHM Mustafa Kamal in the chair on Wednesday, approved a number of proposals in this regard along with some other proposals of different entities under different ministries.

As per the proposals, placed by the Commerce Ministry, the TCB will import 11 million litres of refined soybean oil from Green Nation Builders & Developers, India (Local Agent: N S Construction, Dhaka) under International Direct Purchase Method (DPM) at a cost of Tk140.99 crore with per litre of soybean costing Tk169.

It will import 10,000 metric tons (MTs) of lentils from UMAEXPO Pvt Ltd, India (Local Agent: Speed Marketing Corporation, Dhaka) at a cost of Tk96.68 crore while another 15,000 tons of lentil will be imported from B&C Incorporation and Sena Kalyan Sangstha at a cost of Tk150 crore with each kg.

Besides, in a separate proposal placed by Ministry of Industries, the BCIC will import 30,000 tons of bulk granular urea fertilizer under state level agreement from Fertiglobe Distribution Limited, UAE at a cost of Tk127.40 crore while 30,000 tons of bulk granular urea will be imported from Muntajat, Qatar at Tk127.40 crore another 30,000 tons of bagged granular urea from Karnaphuli Fertilizer Company (Kafco) at a cost of Tk123.60 crore.