Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Wednesday, June 20, 2018 11:14:50 AM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

ECNEC okays 8 projects with Tk 3190cr total outlay

Tk 1919.97cr for constructing 8 food silos

Share your thought
Post a comment »
Read all () »

The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved seven development projects involving Tk 3,190 crore including one project to build eight food silos having capacity of four million metric tons.
The approval came from a meeting of the ECNEC held at the NEC
conference room in city's Sher-e-Bangla Nagar with Minister Sheikh
Hasina in the chair,
Briefing reporters after the meeting, Planning Minister AHM Mustafa Kamal said that of the total project costs of Tk 3,190 crore, Tk 631.07 crore will come from the government exchequer while the remaining Tk 2,558.93 crore will come as project assistance.
About the 'Modern Food Silos Construction Project' to be completed by June 2020 under the Ministry of Food with a cost of Tk 1919.97 crore, he said the IDA of the World Bank will provide Tk 1916.62 crore for the project as aid while the rest Tk 3.35 crore will come from the government exchequer.
AHM Mustafa Kamal, popularly known as Lotus Kamal, said that the country's cereals production is now about 38 million metric tons whereas the storage capacity is only around 18 million metric tons.
Under the Modern Food Silos Construction project, eight silos-six for rice and two for wheat-will be constructed. These silos will be constructed in Madhupur, Ashuganj, Dhaka, Mymensingh, Barisal, Chittagong, Narayanganj and Bhairab.
The day's ECNEC meeting approved another project, titled 'Expansion of Ambulance Services for the Fire Services and Civil Defense' at a cost of Tk 34.82 crore to be entirely borne from the government exchequer. Under the project, some 60 ambulances will be provided to 54 fire service stations to upgrade their services. Such ambulances would be provided gradually to the other fire service stations.
Besides, the ECNEC meeting approved another project, 'Establishment of Global Maritime Distress and Safety System (GMDSS) and Integrated Maritime Navigation System (EGIMNS)', at a cost of Tk 370.89 crore under which six new lighthouses would be built in the coastal areas, each 60 meters high.
Asked about the possible cut in the Revised Annual Development Programme (RADP) in the current fiscal year, the Planning Minister said the projects which are expected to be completed this year alongside those in the thrust sectors are unlikely to see any cut. "We'll try our best to utilize the full ADP as there is no such fund constraints," he said.
Mustafa Kamal reiterated that his Ministry would work with utmost integrity and transparency, allowing no room for corruption.
On a question about the ongoing renovation works for the ICC T20 World Cup Cricket, he declined to make any comment.
Replying to another question on the Padma Bridge Project, the Planning Minister said he is not aware why the World Bank did not turn up with their funding. "But, I can say that the government has not committed any offense in this respect and no violation of law has occurred."

Add Rate

News Archive

Inside The New Nation

Editorial »

Death of another prosecution witness : Too difficult to accept as an accident

NO sooner had the Eid vacation come to an end but another murder shocked us all. The decapitated body of Sumon Zahid, a witness in a war crimes case and also the son of martyred journalist Selina Parvin was found dead in the capital's Khilgaon the day before yesterday. There ...

Business & Economy »

A delegation headed by Farzana Chowdhury, CEO of Green Delta Insurance makes a courtesy call with Dr. M Khairul Hossain, the newly appointed Chairman of Security Exchange Commission recently. Additional Managing Director and Company Secretary Syed Moinuddin Ahmed and Deputy Managing Director Wafi S M Khan of the company were also present.

Football »

England beat Tunisia 2-1

AFP, Volgograd :Captain Harry Kane came to the rescue with two goals, the second a dramatic injury-time winner, as England began their World Cup Group G campaign with a stuttering 2-1 win over Tunisia on Monday.  Gareth Southgate's men almost paid a heavy price for missing a slew of first-half ...

Football »

Harry Kane : England's new prince

AFP, Volgograd :Harry Kane rose emphatically to the World Cup challenge in England's opening match against Tunisia, scoring a last-gasp winner to give Gareth Southgate's side lift-off in Russia.It was a remarkable World Cup debut for Kane, who bore the added pressure of the captain's armband and the weight of ...

Entertainment »

I`m indebted to J.P. Dutta for life : Pooja Bhatt

Actress-filmmaker Pooja Bhatt said she is indebted to veteran director J.P. Dutta for not only making her a part of 'Border' but also for encouraging her to never change. 'Border' on Wednesday completed 21 years of its release and Pooja took to Twitter to thank Dutta for casting her in ...

International »

US won`t be made a migrant camp

President Donald Trump vowed on Monday that the United States would not become a "migrant camp" as he faced mounting pressure to stop families being separated as a deterrent to illegal immigration."The United States will not be a migrant camp, and it will not be a refugee holding facility," Trump ...

City »

Pedestrians passing through a muddy road as the authority concerned does not repair the road for long time. The snap was taken from Bibir Bagicha area in the city's Jatrabari on Tuesday.

Editorial »

Save the flood victims and take adequate measures for post-flood rehabilitation

INCESSANT rainfall in the last few days has triggered floods in the country's East and South East districts. Thousands of people of Moulvibazar, Habiganj, Feni and Chattogram districts have been marooned as floodwater crawled to inundate their homestead and damage crops and livestock. The New Nation recently reported that Khowai, ...

Football »

A Mexico soccer fan celebrates her team victory against Germany after their group F match at the 2018 soccer World Cup in the Luzhniki Stadium in Moscow, Russia on Sunday.

Sports »

Federer wins 98th ATP title in Stuttgart

AFP, Germany :Roger Federer claimed his 98th ATP title on Sunday with a 6-4, 7-6 (7/3) defeat of Milos Raonic in the grass-court Stuttgart Cup final.The Swiss great, who will be chasing a ninth Wimbledon triumph next month, beat his Canadian opponent for the 11th time in 14 meetings while ...

International »

US policy on migrant kids `unconscionable`: UN rights chief

AP, Geneva :The U.N. human rights chief is urging the Trump administration to end new policies separating migrant children from their parents after entering the United States from Mexico, saying they've affected nearly 2,000 kids in the last six weeks.Zeid Ra'ad al-Hussein says it's "unconscionable" that any country would seek ...

International »

Family separation policy starts dividing Republicans

AP, Washington :The emotional policy of separating children from their parents is also starting to divide Republicans and their allies as Democrats turn up the pressure.Former first lady Laura Bush called the policy "cruel" and "immoral" while GOP Sen. Susan Collins expressed concern about it and a former adviser to ...

City »

Prime Minister Sheikh Hasina exchanging pleasantries with diplomats at Ganabhaban in the city on Saturday on the occasion of holy Eid-ul-Fitr.

Editorial »

Eid Mubarak

EID UL FITR is an important religious event celebrated by Muslims worldwide that marks the end of Ramadan, the Islamic holy month of fasting (sawm). The Eid (Muslim religious festival) is the first and only day in the month of Shawal during which Muslims are not permitted to fast. The ...

Cricket »

History-making Afghanistan get baptism of fire in Test cricket

AFP, Bangalore :Afghanistan were handed a bruising introduction to Test cricket by India on Thursday as they capped their astonishing rise from war and refugee camps to joining the sport's elite.Afghan skipper Asghar Stanikzai called it a "very proud moment" as he strode onto the field at Bangalore's M. Chinnaswamy ...

Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Write a comment to this news