The government of Bangladesh has approved the purchase of two bulk carrier ships with a capacity of 55,000–66,000 DWT from U.S.-based Hellenic Dry Bulk Ventures LLC at a cost of USD 76.698 million (BDT 935.71 crore). The decision was taken during a Cabinet Committee on Government Purchase meeting chaired by Economic Adviser Dr. Salehuddin Ahmed. Bangladesh Shipping Corporation will finance the purchase from its own funds. The Cabinet Committee on Economic Affairs also approved completion of remaining works under the Bangladesh Regional Inland Water Transport Project-1, funded by the World Bank.
The Government of Bangladesh is set to purchase two bulk carrier ships, each with a capacity ranging from 55,000 to 66,000 DWT, from the United States-based Hellenic Dry Bulk Ventures LLC. The total cost of the acquisition will be USD 76.698 million, equivalent to BDT 935 crore 71 lakh 56 thousand.
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The approval came on Tuesday (12 August) during a meeting of the Cabinet Committee on Government Purchase (CCGP) held at the Secretariat, chaired by Economic Adviser Dr. Salehuddin Ahmed.
Tender Process and Selection
Under the project titled “Acquisition of Two Bulk Carrier Ships (55,000–66,000 DWT Each)”, tenders were invited following the one-stage, two-envelope method. Out of the three companies that submitted proposals, two were found technically responsive. Upon evaluation, the Tender Evaluation Committee recommended Hellenic Dry Bulk Ventures LLC as the responsive lowest bidder. The purchase will be executed with Bangladesh Shipping Corporation’s own funds, without external borrowing.
Other Economic Approvals
On the same day, the Cabinet Committee on Economic Affairs (CCEA), also chaired by Dr. Salehuddin Ahmed, approved the completion of remaining packages under the “Bangladesh Regional Inland Water Transport Project-1”, implemented by BIWTA with World Bank financing, through the government’s procurement process.
Source: TBS
