BBS to sell Tk 47.24 crore worth cables to Chinese company

BBS Cables will sell cables worth Tk 47.24 crore to China Communications Construction Company Ltd.

To this effect, BBS Cables signed a sales contract with the Chinese company yesterday, according to a post on the website of the Dhaka Stock Exchange.

China Communications Construction Company Ltd is now engaged in the construction of the Bangabandhu Sheikh Mujibur Rahman Tunnel under the Karnaphuli River.

Under the contract, the Chinese company will buy power cable, control cable and some other types of cable.

The cables will be delivered within 90 days from the signing of the contract, according to the post.

Md Golam Habib, company secretary of BBS Cables, said this is a big sale of the company in the fourth quarter of the current fiscal year.

He also hoped for doing further trade with the Chinese company.