TCB sales to continue as long as needed

As long as it is necessary, one crore families will be provided with essential commodities at subsidized prices through TCB (Trading Corporation of Bangladesh), Commerce Minister Tipu Munshi has said.

Prime Minister Sheikh Hasina has asked all to be economic to check the cost of imports. About 40 per cent electricity consumption of the country has been reduced through special initiatives, he said.

soybean oil will be procured from Super Oil Refined Limited at 204.44 crore with each litre cost at Tk 185.95 and some 55 lakh litres of soybean oils will be purchased from Shun Shing Edible Oil Ltd at a cost of Tk 101.47 crore with each litre’s price at Tk 184.05.

Earlier on November 30, Cabinet also approved purchase of 2.20 crore litre soybean oil while each litre will cost Tk156.98.

Procurement of fertiliser

The CCGP also approved some other procurement proposals, including the procurement of 130,000 metric tons of fertiliser.

Of these, the Bangladesh Agriculture Development Corporation (BADC) will import 50,000 MW of Muriate of Potash (MOP) fertiliser from Canadian Commercial Corporation (CCC) at a cost of Tk 344.90 crore with each metric ton cost $655.03.

The Canadian Commercial Corporation will supply another 50,000 MT of MOP at the same price under a separate lot.

State-owned Bangladesh Chemical Industries Corporation (BCIC) will import 30,000 MT of bulk granullar urea from Fertiglobe Distribution Limited, UAE at a cost of Tk 163.75 crore with each metric ton costing Tk $518.33.

Construction cost of Chattogram Elevated Expressway to increase

The CCGP approved a number of proposals of the Housing and Public Works Ministry to raise the cost of civil works under its “Construction of Elevated Expressway from Lalkhan Bazar in Chittagong City to Shah-Amanat Airport” project.

Under the proposals, the cost of the civil construction works No-WD-1 will be increased by Tk 649.02 crore, while cost of the civil works No-WD-1 of “Construction of road from Kalurghat Bridge to Chaktai Canal along the banks of Karnaphuli River” will get higher by Tk 230.05 crore.

The committee also approved three proposals for the extension costs of the three segments of a project under the South Asia Subregional Economic Cooperation (SASEC).

As per the approvals, the cost of the work of No-WP-10 package of the “Sasec Road Link Project-2: Upgradation of Elenga-Hatikamrul-Rangpur highway to 4-lane” will be increased by Tk 211.03 crore while the cost of the work No - WP-11 package of the same project will be increased by Tk 147.65 crore and cost of the works No-WP-12 package will be enhanced by 142.84 crore.