DHAKA, Dec 14, 2022 (BSS) - The government will procure 2.75 crore litres of Soybean oil from local suppliers.
 
The decision came today at a meeting of the Cabinet Committee on Government Purchase (CCGP) held virtually with Finance Minister AHM Mustafa Kamal in the chair.
 
Briefing reporters virtually after the meeting, Additional Secretary of the Cabinet Division Syed Mahmud Khan said the cabinet committee approved three proposals of the Commerce Ministry to procure a total of 2.75 crore litres of Soybean oil from local suppliers.
 
Under the approval, he said Trading Corporation of Bangladesh (TCB) under the Ministry of Commerce will procure 1.10 crore litres of soybean oil from City Edible Oil Limited with a cost of Taka 203.32 crore.
 
He mentioned that TCB will also procure 55 lakh litres of soybean oil from Sung Shing Edible Oil with a cost of Taka 101.47 crore. 
 
Another 1.10 crore will be procured from Super Oil Refinery Limited with a cost of Taka 204.54 crore, he added. 
 
The meeting also approved the import of 30,000 tonnes of urea fertiliser from the UAE and Canada.
 
Besides, approval has been given to a proposal for importing 30,000 tons of granular urea fertilizer from Fertiglobe Distribution Limited of the UAE by the Bangladesh Chemical Industries Corporation (BCIC) under the Ministry of Industry at a cost of about Taka 163.76 crore. 
 
Another proposal was also approved for importing 10,000 metric tons of phosphoric acid from Guizhou Chanhen Chemical Corporation of China by the BCIC for TSP Complex Limited, Chittagong, at a cost of Taka 73.85 crore.
 
Meanwhile, approval has been given to increase the construction cost of elevated expressway from Lalkhan Bazar in Chittagong city to Shah-Amanat Airport and a road along Karnaphuli River from Kalurghat Bridge to Chaktai Canal.
 
About Taka 879.07 crore has been increased for the two projects while around Taka 649.02 crore has been increased for the elevated expressway project and about Taka 230.05 crore has been raised for the road construction project.