Reliable Brokers
Online Investing
Alerts & Analysis
Easy Trading

Cost rise for two govt high-rises to be audited

Update : 21 Jul 2014, 07:31 PM

The cabinet committee on public purchase has asked the Public Works Ministry to audit the second-time rise in the construction cost of two of the 17 high-rises containing 1,020 flats in Mohammadpur in the capital.

Finance Minister AMA Muhith asked for the audit at a meeting of the committee yesterday, said Joint Secretary Mostafizur Rahman. The audit report will be placed at the committee’s next meeting.

An extra Tk2.62 crore will be required for the two in blocks 7 and 8 being constructed by the PBL-BAB.

Of the 17 16-storey buildings, nine will have 540 flats of 1000 square-feet size and eight will have 480 flats of 800 sq-feet size.

The project involving Tk305.59 crore was approved last year and is supposed to be completed by next year.

The government took up initiatives to build four satellite towns near Dhaka to reduce the mounting pressure of population at the centre.

Joint Secretary Mostafizur Rahman said the meeting yesterday also approved procuring 30,000 tonnes of granular urea for Tk73.93 crore (at $314 per tonne). The government will also print 4.88 crore books for Dakhil, Ebtedayi and Dakhil vocation curriculum at Tk90.72 crore for 2015.

Top Brokers