Newsflash Edition 71, August 2017

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Highlights

• Asian Development Bank has approved a loan of US$200 million to strengthen urban infrastructure, service delivery, and governance in Bangladesh's municipalities. • Government to go ahead with Rampal power plant construction near the and take measures to mitigate adverse effects, if necessary, upon the strategic environmental assessment (SEA). • Summit Power International Pte Ltd to develop US$1.0 billion of gas-to-power generation and an offshore liquefied natural gas (LNG) import terminal in Bangladesh. • Bangladesh sees 25-fold growth in commercial fish farming in three decades. • Country’s export earnings from the United States and the United Kingdom rebounded strongly in July, after witnessing a decline in recent months. • Bangladesh went up 28 notches in the anti-money laundering and counter terrorist financing (AML/CTF) index of the Basel Institute on Governance. • Bangladesh Communication Satellite Company Ltd has started functioning, taking on its role of running commercial operations of Bangabandhu Satellite-1. • The World Bank to provide US$515 million to Bangladesh to improve the country’s health, nutrition and population services under the 4th health sector programme. • Bangladesh signed an agreement on adopting paperless trade, an initiative of the United Nations.

1 Newsflash August 2017

Political update

• Violence has escalated in Rakhine state, since August 25th, triggered by coordinated attacks staged against multiple police posts and an army base in Rakhine State, sparking retaliations. The extent and implications of the attack remain uncertain. According to UN sources to date over 300.000 Rohingya have fled the violence and crossed the border into Bangladesh. • The Dutch government made €500.000 available to provide emergency relief to the Rohingya population in Bangladesh, Minister Lilianne Ploumen of Development Cooperation and Foreign Trade announced at her meeting with UN Secretary General Kofi Annan in Amsterdam on Thursday. This money will provide aid to the refugees through the United Nations World Food Program. • The High Court revised the lower court verdict in the sensational 7-murder case, upholding death penalty for 15 including expelled Narayanganj AL leader Nur Hossain, and 3 ex-Rab officers. • Since 11 August 2017, heavy monsoon rains have caused intense flooding across more than one-third of Bangladesh. 32 districts in the northern, north eastern and central parts of the country have been affected, impacting a total of more than eight million people. The Bangladesh Meteorological Department’s latest bulletin warns that further heavy rainfall is expected to continue. • US Acting Assistant Secretary of State for South and Central Asian Affairs Alice G. Wells completed a two-day visit in Bangladesh on August 29-30. While in Dhaka, Ambassador Wells discussed Bangladesh’s bilateral relations with the United States and cooperation on security, energy and regional issues.

Textile and Ready Made Garments (RMG)

26 more Alliance factories complete remediation Generalised Systems of Preferences scheme () Twenty-six more readymade garment Bangladesh signed up for a 16-point action plan to factories which make products for North get it back. American retailers and buyers completed full Apparel exports to US drop (The Daily Star) safety remediation. With the progress, the total Garment shipment to the US, the country's single number of remediated factories affiliated with largest export destination, declined 7.47 percent the Alliance for Bangladesh Worker Safety, a year-on-year platform of North American buyers and retailers, to US$5.2 reached 118. The platform hoped that all the billion in material components outlined in their corrective 2016-17 action plans would be completed in the Alliance- largely affiliated factories by July, 2018, the timeframe because of set by Alliance. July’s success reinforced the higher duty, confidence to the platform that Alliance factories longer lead- would have substantially completed remediation time, and and be well on the way to developing a lower prices. Apparel exporters also blamed the sustainable culture of safety before the Alliance appreciation of the local currency against the ends in 2018. American greenback, less imports by US retailers GSP may be handed back this year: former US and inefficient port operations in Bangladesh, for envoy (The Daily Star) There is a possibility of the fall in garment exports. Exporters say Bangladesh winning back trade privileges to the Bangladesh's garments are less attractive to US American market at the end of the year, when the customers as competing countries can offer United States Trade Representative convenes for similar items at lower prices since they enjoy appraisal. “At the end of this year GSP comes up preferential duty privilege. Bangladeshi apparel for renewal. I personally believe that Bangladesh exports face 15.62 percent duty to the US will find a place in the schedule,” said Frank G markets, whereas Vietnam, Turkey, China and Wisner, the former US ambassador to Zambia, are subjected to 8.38 percent, 3.57 percent, Egypt and India. After the suspension of the 3 percent and 2.29 percent duty respectively. 2 Newsflash August 2017

Longer lead-time is another major problem confronting Bangladesh whereas competitors can Infrastructure send to the US within a shorter time. Bangladesh Padma rail deal with China by this year (The Daily takes nearly three months to export to the US Star) Bangladesh and China are going to sign final whereas competitors can supply the same deals on the Rail Link and four other products to the US within 60 days or less. projects International retailers have also cut the lead-time involving US$6.8 for Bangladeshi exporters. billion by this year. The deals Government moves to complete remediation by have been June ’18 (New Age) The government has taken a finalized after move to expedite the remediation of the months of readymade garment factories inspected under negotiations following the Chinese president's the national initiative with the aim of removing all Dhaka visit last October. China would provide the safety faults in the units by June next year. both soft and commercial loans to finance the Under the move, the Department of Inspection projects. These are part of the 27 agreements and for Factories and Establishments started to hold memorandums of understanding (MoUs) signed meetings with the factory owners to get during official talks between Chinese President Xi information about the problems they are facing in Jinping and Prime Minister . The completing remediation. The DIFE had taken the Padma rail link would facilitate train move to complete remediation in the factories communications between Dhaka and southern which were inspected under the national region, power projects would help strengthen initiative, a joint initiative of the Bangladesh transmission and distribution capacity, Info Sarkar government and the International Labour Phase-III would help shape over 4,500 Union Organisation. There were 104 RMG factories in Information Service Centers (UISC) as IT hubs , which are housed in rented or shared generating employments, and SPM would help buildings and 50 percent of them submitted pump imported fuel directly from oil tankers to timeframe for completing remediation. Owners the depot of Eastern Refineries Limited (ERL). of the rest of the factories promised to relocate their units to safe places. A labour ministry source ADB approves US$200m for urban infrastructure said a time-bound remediation strategy would be dev (New Age) Asian Development Bank's board formulated as per the promise made by the of directors has approved a loan package totaling government to the international bodies. US$200 million to strengthen urban infrastructure, service delivery, and governance in Government to bring all industries under central Bangladesh's municipalities. Specifically, the welfare fund (New Age) Prime minister Sheikh additional financing for the third project, bringing Hasina said all manufacturing and exporting total ADB financing up to US$325 million, will industries would be brought under the central contribute toward building or improving 600 fund of the Ministry of the Labour and kilometers (km) of roads and 300 km of drains, Employment created to provide financial support and install or upgrade 180 km of pipes for water to the families of the workers who die or receive supply with 60,000 metered household grave injuries in their working places. The central connections. It said slum improvement work will fund under the Labour and Employment Ministry be undertaken in all project towns that have has been created with 0.03 percent of the export slums while sludge management facilities will be volume of the industries under BGMEA and built in 14 project towns and solid waste sites built BKMEA for welfare of the workers of the export or improved in 20. This work will focus on drawing oriented RMG sector. She urged the apex bodies up plans to tackle poverty reduction, gender of the garment and knitting sectors to complete issues, slum improvement, community the work on preparing a database of the workers participation, and improving municipal financial to make the system of giving support from the management by completing the ongoing work on fund easy. 3 Newsflash August 2017 computerization of tax records and billing constructed at the site as per recommendations systems. The implementation period for the of the World Heritage Committee of Unesco. project is August 2017 to June 2021. UNESCO made it clear that no large-scale infrastructure should be constructed in the plant ADB to invest Tk 27.40b for revival of ailing area before a SEA is conducted in the region. The (Financial Express) The Asian government will carry out the SEA in two years, Development Bank (ADB) will invest a big sum of while a progress report of the SEA would be money to give a new lease of life to Bangladesh prepared by 2018. The government will also take Railway (BR) through adding more locomotives, mitigation measures based on the environmental wagons and other equipment. The Manila-based assessment. lender is expected to provide Tk 27.40 billion for upgrading the struggling rail operator to meet a Summit to pour US$1.0b into power generation, surging demand for the popular mode of mass LNG (The Financial Express) Summit Power transport. Under a Tk 36.46 billion umbrella International Pte Ltd, the Singapore-incorporated project titled 'Upgrading Bangladesh Railway's power producer, announced collaborations to rolling stock operation', the ADB will provide the develop US$1.0 billion of gas-to-power funds to the state-owned rail-service provider. generation and an offshore liquefied natural gas The BR reels from a shortage of locomotives (LNG) import terminal in Bangladesh. The (engines), vans and wagons, which makes it lag far International Finance Corporation (IFC), the behind the requirement for smart operation and private sector arm of the World Bank, has been passenger services across the country. BR would engaged as the lead arranger for financing to procure 40 broad-gauge (BG) diesel-electric develop the Meghnaghat II natural gas-based locomotives, 75 meter-gauge (MG) and 50 BG combined cycle power plant. Upon completion, luggage vans, 400 MG and 300 BG bogie covered Summit will have a total installed generating wagons, and 180 MG and 120 BG bogie open capacity of over 3,000MW. To enable clean, wagons for improving the shabby fleet of the BR. sustainable power, Summit will be chartering a Besides, the diesel-electric-locomotive workshop, floating storage and regasification unit (FSRU) DEMU workshop and central locomotive from Excelerate Energy for LNG storage and workshop will be upgraded under the ADB- regasification services. GE, through GE Capital's supported project. The project is scheduled to be Energy Financial Services, and Summit have completed by June 2021. entered into a Memorandum of Understanding (MOU) for GE to potentially provide US$50 million Oil, Gas & Energy of equity to Summit, to be used for the development of power projects in Bangladesh. In Government to go ahead with Rampal work (The addition, GE Gas Power Systems will have rights Daily Star) The government will go ahead with the to supply equipment for the power projects based construction of Rampal power plant near the on gas turbine technology and developed in the Sundarbans and take measures to mitigate next 36 months by Summit. adverse effects, if necessary, upon the strategic environmental assessment (SEA). Tawfiq-e-Elahi World Bank gives US$59m hard credit for power Chowdhury, prime minister's energy affairs sector (The Daily Star) Bangladesh is set to take a adviser made the comment a day after the US$59 million loan for the power sector from the Unesco made it clear that no large-scale industrial World Bank at non-concessional terms for the or infrastructural development should be allowed first time. The rate of interest on the loan would to proceed in the vicinity of the Sundarbans be about 2.85 percent, with the repayment period before Bangladesh carried out the SEA for its being 30 years including a nine-year grace period. south-west region. The construction of Rampal The decision to take the non-concessional debt power plant would go on as “the Unesco has from the World Bank comes as Bangladesh has a endorsed the government's scientific statement deficiency of resources in comparison to the at the 41st session of the World Heritage investment need in the public and private sectors, Committee”. Necessary infrastructure will also be he added. The loan will come from the Scale-up

4 Newsflash August 2017

Facility (SUF) fund, a scheme formed in March last aquaculture. The country grows nearly 20 lakh year to provide additional support to the clients tonnes of farmed fish a year, and an of the International Development Association, the overwhelming 75 percent of the farmers sell fish WB Group arm that hands out loans and grants to to wholesalers. In the mid-80s, 60 percent (75,000 the world's poorest nations, until June 30. Before tonnes) of the farmed fish output of 1.24 lakh this, Bangladesh only got loans from the IDA, tonnes was traded in markets. Now, more than 90 which carried a 0.75 percent interest rate and percent of aquaculture production of 20 lakh came with a repayment period of 38 years tonnes is sold commercially. An international including a six-year grace period. The financing study on Bangladesh's growth in fish culture came will help remove bottlenecks and optimize the up with the data, debunking the traditional view national power system to ensure affordable and that the country's fish farming is mainly round-the-clock electricity. subsistence- oriented. Carried Water/Maritime out by researchers from the ECNEC okays dredging project (New Age) The International Food government approved a dredging project worth Policy Research Tk 956 crore aimed at making waterways from Institute (IFPRI) and Mongla sea port Michigan State to Pakshi University in the US, navigable to the study was facilitate published recently in Aquaculture, an transportation international journal. It says 42 percent of the of heavy marketed farmed fish is consumed in urban areas, equipment of the nuclear power plant at and that share is growing fast. The fish value chain Rooppur. The project was approved at the in Bangladesh is growing and transforming very meeting of the executive committee on the rapidly, in all segments. The quiet revolution in national economic council, chaired by prime the fish value chain is a domestic market minister Sheikh Hasina at Planning Commission. revolution: 94 percent of aquaculture production ECNEC also approved seven other projects is destined for domestic consumption. With an including the World Bank-funded ‘Bangladesh annual production of nearly 20 lakh tonnes of Regional Connectivity Project-1’ for development cultured fish, Bangladesh is the world's fifth of the land ports at Shewla, Bhomra and Ramgarh largest producer of inland aquaculture after and security system at Beanpole. The dredging China, Indonesia, India and Vietnam, the UN Food project would run via Chandpur, Mawa and and Agriculture Organization (FAO) stated in its Goalanda and is scheduled to be completed in report titled “State of World Fisheries and 2025. Bangladesh Inland Water Transport Aquaculture 2016”. Authority will implement the project to dredge 249 lakh cubic meter sediments from the Other news waterways to be used for smooth transportation of heavy equipment of the multi-billion nuclear National Board of Revenue allows increased power plant in Rooppur. foreign stake in customs agents (New Age) The National Board of Revenue has relaxed the provision of customs agents licensing rules Agriculture/Fisheries allowing foreign investors to own 49 percent shares in a joint venture company in the sector. Fish revolution- Bangladesh sees 25-fold growth Previously, foreigners could own 40 percent of in commercial fish farming in 3 decades (The shares of a JV company in logistics services like Daily Star) With a 25-fold growth in farmed fish shipping and freight forwarding services for market over the last three decades, Bangladesh transportation of goods in international trade by has been experiencing a quiet revolution in sea, land and airways. The revenue board issued

5 Newsflash August 2017 a notification amending the provision which with especial focus on increasing bilateral trade raised the percentage of share of foreigners in a were discussed in the meeting. While noting the JV company following lobbying from the fact that the two-way trade between Bangladesh European Union. The decision was taken as per and Vietnam has increased substantially in recent the discussion of 2nd EU-Bangladesh Business years, both sides agreed that the trade volume Climate Dialogue held in December last year. The was far less than the existing potentials. EU Business Council demanded to enhance the Bangladesh underscored the need to find ways to percentage of foreign ownership in a JV company address the existing trade gap in favor of Vietnam in the sector saying that the 40 percent ownership and requested the country to consider relaxing cap was contradictory to the investment policy. the registration process and accepting the bio- equivalence and traceability tests done in other Export source tax cut to 0.7pc (New Age) The ASEAN countries, which will make Bangladesh's government has reduced the income tax at source pharmaceutical products available in Vietnam at a on export earnings to 0.70 percent from the competitive price and help in reducing the trade existing 1 percent for the current fiscal year 2017- gap. Dhaka also sought deeper cooperation in the 18 following demands of exporters. The National agriculture, fisheries and livestock sectors, Board of Revenue issued a statutory regulatory particularly in agricultural research, to develop order lowering the tax, known as export tax, for stress tolerant and high yielding varieties rice and all sectors except jute and jute goods with tropical fruits, exchange of germplasms and retrospective effect from July 1. Exporters will developing sustainable pearl culture technology. enjoy the benefit till June 30, 2018, the SRO Vietnam also agreed to facilitate Bangladesh's stated. According to the SRO, the benefit will be initiatives to become a Sectoral Dialogue Partner applicable for of ASEAN and to join the Mekong-Ganga the export of Cooperation (MGC) initiative. knitwear, woven ICT export earnings rise by 25 percent in FY’17 garments, (Dhaka Tribune) Export earnings from computer terry towel, services and carton and software rose accessories of by more than garments industry, frozen food, vegetables, a quarter in leather goods, packed food and any other goods the last fiscal and the banks will deduct the tax at the time of year to crediting the export proceeds to the account of US$191 the exporter. The revenue board also issued million. another SRO reducing the corporate income tax Industry for knit wear and woven garments manufacturers insiders and exporters to 12 percent for the current fiscal attributed the year from the previous year’s 20 percent. The rate 25.76 percent jump on the same period a year ago of corporate tax, however, was reduced to 10 to government policy support and capacity percent for green factories which will have enhancement within the industry. According to internationally recognized green building the Export Promotion Bureau (EPB) data, the certification. earnings figure for the fiscal year which ended on June 30 was 19.34 percent above the fiscal year Dhaka, Hanoi agree on taking trade volume to target of US$160 million. Bangladesh Association US$1.0 billion (Financial Express) Bangladesh of Software and Information Services (BASIS) and Vietnam have agreed to work closely for president, Mustafa Jabbar, told that the capacity achieving the target of enhancing bilateral trade of Information Technology-Enabled Services volume to US$1.0 billion. The agreement was (ITES) and Business Process Outsourcing (BPO) reached during the first ever Foreign Office service providers had increased. A 25 percent rise Consultations (FOC) held between the two is not enough to meet the government target for countries. Major areas of bilateral cooperation 6 Newsflash August 2017 the sector of US$1 billion by 2019. In meeting the works fine on being launched into the space, the target, the government and the sector both have official said. On completion of all procedures, to concentrate on human development through Thales will hand over the satellite to US firm Space proper training and practical knowledge. Exploration Technologies Corporation (SpaceX) for launching it. Export earnings from US and UK rebound after months of fall (New Age) Country’s export Government changes incentive structure for earnings from the United States and the United exports (The Daily Star) The government has Kingdom rebounded strongly in July, the first brought some major changes to the incentive month of the current financial year 2017-18, after structure for exports in order to achieve a higher witnessing a decline in recent months. overseas sales target set for the current fiscal Bangladesh’s export earnings from the US and the year. released an incentive UK grew by 18.86 percent and 39.53 percent structure for 2017-18, granting stimulus to five respectively in July. Shipment of some seasonal sectors for the first time and increasing existing products at a time and good trend in export rates for four. With the new additions, 27 sectors orders were the factors in the rebound of the will receive 2 to 20 percent incentive on the price earnings from the two major countries. Export of the goods. The number of sectors entitled for earnings from the US, the largest export the benefit was 22 in the last fiscal year. The five destination for Bangladesh, in July of FY18 new sectors which were awarded higher increased to US$501.24 million from US$421.72 incentives are IT-enabled services and hardware million posted in the same month of FY17. (10 percent), shoes made of synthetic and fabrics Earnings from the readymade garment export to (15 percent), active pharmaceuticals ingredients the US market in the first month of the FY18 grew (20 percent), accumulator battery (15 percent), by 15.84 percent to US$447.47 million from and goods produced from coconut fiber (20 US$386.26 million in the same period of FY17. percent). The incentive for export of crust and Earnings from the UK, the 3rd largest export finished leather has been doubled to 10 percent destination for Bangladesh, rose to US$346.65 from existing 5 percent if the tanneries at million from US$248.43 million. RMG export to Hazaribagh relocate to Savar. the UK grew by 38.71 percent to US$322.36 million. Leading Bangladeshi BPO company bags prestigious int’l award (Dhaka Tribune) Genex Satellite company starts journey (The Daily Star) Infosys, the leading BPO and ITeS (Information Bangladesh Communication Satellite Company Technology Enterprise Solutions) company in Ltd has started functioning, taking on its role of Bangladesh, has been awarded as the Best Large running commercial operations of Bangabandhu Contact Centre (Outsourced) in the Asia-Pacific Satellite-1. The Region by Contact Center World (CCW). The company already company was handed over the award at a got registered with function in Kota Kinabalu, Malaysia. Genex was the Office of the also recognised as The TopPlace2Work in the Registrar of Joint region, based on the independent surveys carried Stock Companies out by CCW, the global association for contact and Firms last week and its board of directors held center and customer engagement best practices, a meeting soon after. The company's authorized pertaining to employee engagement and capital is Tk 5,000 crore and paid-up capital Tk 500 employee connections. Genex will now compete crore. Initially, 200 shares of Tk 10 each have been in the World Finals with all the regional provided to each director. As per the registration, champions in London this October. the board will consist of 11 members with the telecom secretary as the chairperson. Thales ANTI-MONEY LAUNDERING INDEX - Bangladesh Alenia Space, the French contractor for the goes up 28 notches (The Daily Star) Bangladesh project, has completed constructing the satellite went up 28 notches in the anti-money laundering and is running different tests, including a number and counter terrorist financing (AML/CTF) index of sensitivity tests, to ensure that the satellite of the Basel Institute on Governance, a 7 Newsflash August 2017 development that will come as a pat on the back essential services and enhancing equity, in for the government. The country came in at No. particular through a focus on service 82 out of 146 in the 2017 edition of the Basel AML improvements in and Chittagong divisions Index, up from its previous spot of 54. A total of where key health indicators are below national 14 indicators dealing with AML/CTF regulations, averages. corruption, financial standards, political disclosure and the rule of law are aggregated into Bangladesh on board UN paperless trade - It one overall risk score for the index. The signs agreement for cross-border paperless Switzerland-based institute prepares score on the trade (The Daily Star) Bangladesh signed an basis of a scale of 0 to 10, with 0 to 3.3 being low- agreement on adopting paperless trade, an risk, 3.3 to 6.6 medium-risk and 6.6 to 10 high- initiative of the United Nations to make export risk. Bangladesh's score this year was 5.79, down and import easier by reducing bureaucratic from its last year score of 6.40. As per the score, tangles through the use of technology. Commerce Bangladesh is among the 100 medium-risk Minister Tofail Ahmed signed the Framework countries. Bangladesh is one of the 10 countries Agreement on Facilitation of Cross-border that made the most progress. The country Paperless Trade in Asia and the Pacific on behalf implemented all 40 of the Asia/Pacific Group on of Bangladesh at the headquarters of the United Money Laundering's recommendations. The Nations Economic and Social Commission for Asia country managed full compliance in six and the Pacific (UNESCAP) in Bangkok. The full categories, near full compliance in 22 and partial implementation of the agreement will not only compliance in 12. reduce the cost of doing business but also the time, as the formalities for import and export Government, World Bank ink US$515m loan deal activities at the airports, sea ports and land ports for health sector (New Age) The World Bank will would be done digitally. The agreement has the provide US$515 million to Bangladesh to improve potential to harness the development dividends the country’s health, nutrition and population at the nexus of technology and trade, two key services under the 4th health sector programme. means of implementation for the 2030 Agenda for Economic Relations Division of the finance Sustainable Development. With full ministry and implementation of the cross-border paperless the WB trade, export gains for the Asia-Pacific region are singed a estimated to reach US$250 billion annually, financing according to a recent UNESCAP study. agreement for the project being implemented from January 2017 to June 2022. Of the amount, US$500 million interest-free credit will come from the International Development Association (IDA), the WB’s concessional lending arm, and a US$15 million grant from the Global Financing Facility. Bangladesh will have to repay the credit in 38 years including a 6-year grace period and 0.75 percent service charge will be applicable for the credit. The total cost of the programme titled 4th health, population and nutrition sector programme is US$14.7 billion. Health and family welfare ministry will implement the programme aiming to ensure quality and equitable healthcare services for all citizens. The programme will also support strengthening the country’s health system, improving coverage of

8 Newsflash August 2017

Events

Power Bangladesh is a 3 day event being held from 26 to 28 October 2017 at the International Convention City Bashundhara in Dhaka. This event showcases products from power & energy industry such as boilers; steam turbines, heat-exchange equipment; electric generators, power transformers, high-voltage equipment of distribution and control; low-voltage equipment of distribution and control etc. For details, please visit: https://10times.com/power-bangladesh

Bangladesh Denim Expo is a 2 day event being held from 8th to 9th November 2017 at International Convention City Bashundhara in Dhaka. This event showcases products like laundry and washing equipment, auxiliaries, dyes specialty chemicals, to that of denim fabrics, and garments associated with this field etc. in the apparel & Clothing, For details, please visit: https://10times.com/bangladesh-denim- expo

Leathertech Bangladesh is a 3 day event being held from 16 to 18 November 2017 at the Bashundhara Convention City in Dhaka. This event showcases products from leather & leather products industry like machinery related with tanning, finishing, footwear and leather wear such as leather processing machineries, leather shaving machineries, polishing and die cutting machineries, etc. For details, please visit: https://10times.com/leathertech-bangladesh Tenders Invitation for International Tender Bangladesh Power Development Board under the Ministry of Power, Energy and Mineral Resources issued a tender for upgradation of Vibration Monitoring System. Tender issued on 31 July, 2017, closing on 25 September 2017 at 11:00hrs (BST). For details, please contact: Sayeed Akram Ullah, Director, Director of Purchase, Phone: +88029550532.

Invitation for International Tender Bangladesh Power Development Board under the Ministry of Power, Energy and Mineral Resources issued a tender for procurement of Damper Sealing Motor for GT-1 & 2 of Fenchuganj CCPP, BPDB, Fenchuganj, Sylhet, Bangladesh. Tender issued on 1 August 2017, closing on 26 September 2017 at 11:00hrs (BST). For details, please contact: Sayeed Akram Ullah, Director, Director of Purchase, Phone: +88029550532, +88029568132.

Invitation for International Tender Bangladesh Power Development Board under the Ministry of Power, Energy and Mineral Resources issued a tender for Procurement of Different Pressure & Temperture Transmitter along with Calibrator set for Sylhet 150MW CCPP, BPDB, Kumargaon, Sylhet, Bangladesh. Tender issued on 3 August 2017, closing 3 October 2017 at 11:00am BST. For details, please contact: Sayeed Akram Ullah, Director, Directorate of Purchase, BPDB, Dhaka, Phone: +88029550532, +88029568132.

Invitation for International Tender Bangladesh Chemical Industries Corporation under the Ministry of Industries issued a tender for Supply of Fire Fighting Vehicle for Shahjalal Fertilizer Project. Tender issued on 10 August, 2017, closing on 25 September, 2017 at 16:00hrs (BST). For details, please contact: Md. Kamruzzaman, Project Director. Phone: +88029512240, Email: [email protected].

Invitation for International Tender Bangladesh Power Development Board under the Ministry of Power, Energy and Mineral Resources issued a tender for Procurement of design, supply, erection, installation, testing & commissioning of a new 33/11 kV 2x10/10.33 MVA, GIS Sub-station on turnkey basis at Borokhata for Hatibandha ESU, Lalmonirhat under development project of power distribution system.

9 Newsflash August 2017

Tender issued on 6 August 2017, closing on 28 September 2017 at 11:00hrs (BST). For details, please contact: Mina Masud Uzzaman, Secretary, BPDB, Phone: +88029554209. Email: [email protected].

Invitation for International Tender under the Ministry of Information issued a tender for supply, installation, testing & commissioning of Program Input equipment & measuring equipment on Turnkey basis. Tender issued on: 28 August, 2017, closing on 18 October, 2017 at 13:00hrs (BST). For details, please contact: Md. Nazrul Islam, Project Director, Technical service, Bangladesh Betar. Phone: +880244813010, Email: [email protected].

Invitation for International Tender Bangladesh Power Development Board under the Ministry of Power, Energy and Mineral Resources issued a tender for Procurement of supply, installation, testing & commissioning of transformer and rectifier with spares for Electrolyzer Plant (Hydrogen Genrating Plant) of Ghorashal Power Station, BPDB, Palash, Narsingdi, Bangladesh on Turnkey basis. Tender issued on 27 August 2017, closing on 18 October 2017 at 11:00hrs (BST). For details, please contact: Sayeed Akram Ullah, Director, Directorate of Purchase, BPDB, Dhaka, Phone: +88029550532, +88029568132.

Please remain updated on these and future tenders at the following website: http://www.cptu.gov.bd/Notices.aspx

More information

The Embassy always welcomes your comments on, and suggestions for the Newsflash. We also encourage interested Dutch and Bangladeshi companies to place an article or message in our newsflash. For more information please contact our economic department at the Embassy in Dhaka through email [email protected], or by phone (00882)10 9842715-18 Newsflash August 2017