Govt decides to sell 3 SoEs at Tk 95cr
The caretaker government yesterday decided to sell three state-owned factories for Tk 94.74 crore.
A meeting of the Advisory Committee on Economic Affairs also decided on importing nine lakh tonnes of petroleum from Malaysia and selling dry fly ash, a by-product produced at Barapukuria Coal-based Thermal Power Plant.
The closed factories that are going to be sold are: Satraong Textile Mills at Gazipur at Tk 17.13 crore, Karnaphuli Rayon and Chemical Mills at Chittagong at Tk 51.11 crore and Particles and Veneer Board at Chittagong at Tk 26.5 crore.
The meeting decided to import refined fuel from Petco, the state-owned Malaysian Petroleum Trading Corporation.
Finance Adviser Mirza Azizul Islam chaired the meeting. He said dependence on only one or two countries for fuel sometimes creates problems in maintaining smooth supply. In order to diversify sources and to ensure smooth supply the government for the first time has decided to import petroleum from Malaysia.
The meeting also approved selling of dry fly ash, which is used as a raw material in manufacturing cement.
The rate was fixed at Tk 823 a tonne for first year and will be adjusted each year based on inflation rate set by Bangladesh Bureau of Statistics (BBS).
The government for the first time decided to sell dry fly ash while previously the dry fly ash was dumped in open ponds near the project.
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