• Thursday, Nov 22, 2018
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Tk316.88-crore project for enhancing food stock capacity given nod

  • Published at 01:32 am July 11th, 2018
  • Last updated at 01:32 am July 11th, 2018
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Prime Minister Sheikh Hasina chairs the Ecnec meeting at the NEC auditorium in Dhaka on Tuesday, July 10, 2018 Focus Bangla

Ecnec approves six projects involving Tk2,920.39 crore

The Executive Committee of the National Economic Council (Ecnec) have approved six projects, including one to repair and construct food godowns or warehouses at an estimated cost of Tk316.88 crore in order to enhance food stock capacity across the country.

The approval came from the second Ecnec meeting of fiscal year 2018-19, held at the NEC conference room on Tuesday, with Ecnec Chairperson and Prime Minister Sheikh Hasina in the chair.

"Six projects have been approved with a total estimated cost of Tk2,920.39 crore. Of the cost, Tk2,070.14 crore will come from the national exchequer, Tk625.70 crore as project assistance, and Tk224.55 crore from the organizations' own funds," State Minister for Finance and Planning MA Mannan told reporters after the meeting.

Of the six projects, four are new and two revised.

Regarding the food warehouse project, the state minister said it would be implemented in 194 upazilas and seven city corporations under 62 districts by June 2021.

According to the Planning Ministry, under the project, some 550 food warehouses would be repaired and 20 new structures constructed.

Besides these, the project also involves providing equipment to three laboratories in Dhaka, Chittagong and Khulna, procurement of an SUV and a pickup van, and the installation of close circuit television cameras, solar panels, and Internal Power Supplies at 725 structures.

The Ecnec also approved the Construction of a Bangladesh-China Friendship Exhibition Centre Project, which will be established in the Rupganj upazila of Narayanganj with an estimated cost of Tk1,303.50 crore by December 2020.

The four other approved projects are the width extension of the Maijdee-Rajganj-Choyani-Basurhat-Chandraganj Regional Highway involving Tk252.16 crore, land acquisition link for the ongoing construction of Khanjahan Ali Airport under public private partnership involving Tk217.49 crore, vertical extension of circuit houses in 37 districts at a cost of Tk170.56 crore, and further development of Bangladesh Agricultural University for Tk659.80 crore.