The Cabinet Purchase Committee on Wednesday approved 15 procurement proposals, including the import of 300,000 metric tonnes (mt) of rice.
Of the approved import, 250,000 mt of Atap (sunned) rice will be procured from Cambodia under a government-to-government deal at a total cost of Tk 939.97 crore as the price has been set at $453 per mt, reports UNB.
The remaining 50,000 mts, which are non-Bashmoti parboiled rice, are being imported from the international market through quotation.
A Singaporean company, Regington International, won the contract to supply the rice at the total cost of Tk 196.77 crore as its per metric tonne price has been fixed at $407.89.
The meeting, held with Finance Minister AMA Muhith in the chair, gave the approval amid the growing concern over the possible food grain shortage due to the loss of crops in countrywide flooding.
The government has already withdrawn duty on rice import and also declared some banking facilities to encourage the import of food grains in the private sector.
Last week, the Cabinet body approved a similar proposal for the import of 150,000 mt of food grain of which 100,000 mt was wheat and 50,000 mt was rice.
The cabinet body approved six separate tender proposals of Rural Electrification Board (REB) to procure 21 sub-stations of 33/11 kV capacity for its different projects.
Of these, local supplier EnergyPac won the 5 contracts to supply 18 sub-stations at the total price of Tk 119.64 crore while another local company, Sunrise Energy, won one contract to supply 3 sub-stations at a cost of Tk 20.11 crore.