Cabinet okays Tk 17,706cr purchase proposals

Thirteen proposals involving Tk 17,706.43 crore were approved yesterday by the cabinet committee on public purchase.

Of the money, Tk 12,937.91 crore will come from the government's own fund and the rest Tk 4,768.51 crore from domestic banks and foreign financing.

Under a proposal, the government will purchase 8,000 tonnes of lentil at Tk 75.59 crore for the Trading Corporation of Bangladesh (TCB) from Nabil Naba Foods Ltd.

Another proposal was okayed to buy 80 lakh litres of soybean oil at Tk 131.16 crore for the TCB from Meghna Edible Oils Refinery Ltd.

The committee also gave go-ahead to the purchase of 16.80 lakh tonnes of refined furnace oil with premium and reference price at Tk 12,850.87 crore for the period July to December 2023 for Bangladesh Petroleum Corporation.

The purchase will be made from six government companies of different countries, including PTTT in Thailand, ENOC of the United Arab Emirates, Petrochina of China, BSP of Indonesia, PTLCL of Malaysia and UNIPEC of China.

A Tk 2,137.97 crore project was approved for the construction of the "Kewatkhali Bridge Construction at Mymensingh".