12:00 AM, July 16, 2014 / LAST MODIFIED: 01:53 AM, March 08, 2015

CPA cancels tender on equipment purchase

CPA cancels tender on equipment purchase

Star Business Report

The Chittagong Port Authority has withdrawn the tender it floated on May 14 against the decision of the parliamentary standing committee on shipping ministry for purchasing equipment for the New Mooring Container Terminal.
Earlier this year, the CPA moved to purchase equipment in phases for NCT at a total cost of Tk 1,120 crore with its own funds, a development that did not go down well with the standing committee as the terminal would be leased out to a private company.
It said the private operator -- not the CPA -- should buy the equipment.
The committee on April 30 opposed the move but the CPA went ahead and floated a tender on May 14 for purchase of six gantry cranes for Tk 360 crore.
Subsequently, Finance Minister AMA Muhith sent a letter in the third week of May, instructing CPA to pull out the tender.
Although the construction of NCT was completed in 2007, it is yet to become fully operational as the government has not appointed an operator for it.


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