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Govt to import 500,000 tons of rice and wheat

  • Published at 12:59 am August 24th, 2017
Govt to import 500,000 tons of rice and wheat
The government has offered international tenders to import half a million tons of rice and wheat. They are set to buy 1,00,000 tons of wheat and 50,000 tons non-basmati rice. The Cabinet Committee meeting on the Public Procurement Procurement Committee was chaired by Finance Minister AMA Muhith which approved three separate proposals for this. After the meeting, Additional Secretary of the Cabinet Division Mustafizur Rahman said the rice and wheat will be imported with three different proposals under the package-2 in the budget for the Fiscal Year 2017-18. “As a ton of wheat costs $251, the entire purchase will cost of the government Tk104 crore. “The proposal to make separate purchases of 50,000 tons of non-basmati rice through international tenders has also been approved. Each ton cost $411.11, and the total cost to the government will be Tk170.89 crore. A Dubai based company had already won the tender bid,” said the additional secretary. He also said that the proposal to import another 50,000 tons of wheat has been approved by the Ministry of Food. The cost of each ton of wheat is Tk2449.38, which totals to Tk103.49 crore.
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