STAR BUSINESS REPORT

The government is considering selling surplus potatoes through the Trading Corporation of Bangladesh (TCB) to help mitigate losses for potato farmers.

During yesterday’s meeting of the government’s purchase committee, the proposal was discussed, with Finance Adviser Salehuddin Ahmed in the chair.

After the meeting, Salehuddin told reporters that the issue of selling excess potatoes through TCB is still under deliberation.

However, he said there is a challenge, adding, “It becomes difficult to buy at a higher price and sell at a lower price in many cases.”

Additionally, the committee approved the construction of a 10-storey headquarters building for the Fire Service and Civil Defence in the capital’s Mirpur under the Urban Building Safety Project.

The project, valued at Tk 515.58 crore, will be implemented by Toa Corporation.

The finance adviser pointed out that it took six years to evaluate the proposal. “There were several factors considered during the evaluation of the tender,” he explained. In other approvals, the government’s purchase committee gave the green light to proposals to import two liquefied natural gas (LNG) cargoes and 50,000 tonnes of non-Basmati rice.