Thu, 2, May, 2024, 10:26 pm

Chinese company to act as service provider for realizing tolls at Bangabandhu Tunnel

Chinese company to act as service provider for realizing tolls at Bangabandhu Tunnel

Shawdesh Desk:

China Communications Construction Company Ltd will act as the service provider for ensuring maintenance and realizing tolls at the Bangabandhu Sheikh Mujibur Rahman Tunnel in Chattogram with a cost of around Taka 983.82 crore.

The approval came from the 34th meeting of the Cabinet Committee on Government Purchase (CCGP) in this year held today virtually with Finance Minister AHM Mustafa Kamal in the chair.

Briefing reporters after the meeting virtually, Cabinet Division Additional Secretary Sayeed Mahbub Khan said that the day’s meeting approved a total of eight proposals.

 

He informed that following a proposal from the Bangladesh Bridges Authority under the Bridges Division, the CCGP meeting approved the proposal for appointing the Chinese company as the service provider for the country’s maiden tunnel in the port city.

Mahbub said under the proposal, around 65 percent or around Taka 656.99 crore will be provided to the CCCC in local currency while the rest of 35 percent or around Taka 326.84 crore will be provided in foreign currency.

He said under the proposal, the portion of the payment to be made in US dollars has been specified.

The Cabinet Division Additional Secretary said that the day’s CCGP meeting approved separate proposals for procuring 1.80 lakh metric tons of fertilizer and another 30,000 metric tons of phosphoric acid.

He said following a proposal from the Ministry of Industries, Bangladesh Chemical Industries Corporation (BCIC) will procure 30,000 metric tons of phosphoric acid from M/s Sun International FZE, UAE (local agent: M/s RK Enterprise, Dhaka) with a cost of around Taka 215.15 crore where per ton phosphoric acid will cost $674.

Mahbub said BCIC would purchase 30,000 metric tons of bulk granular urea fertilizer from Fertiglobe Distribution Limited, UAE under the 5th lot with around Taka 189.28 crore where per ton fertilizer would cost $794.17.

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