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Bangladesh TCB Auctioning 20 Metric Tons of Fish Originally Bought for Kuwait

Bangladesh's Trading Corporation is auctioning 20 metric tons of fish originally purchased as a gift for Kuwait. Flight complications prevented the international delivery, prompting the Ministry of Commerce to sell the stock.

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Bangladesh TCB Auctioning 20 Metric Tons of Fish Originally Bought for Kuwait
Photo: জাগো নিউজ

Bangladesh's state-owned Trading Corporation of Bangladesh (TCB) has taken the formal decision to sell a substantial consignment of seafood through a public auction process. The inventory in question consists of twenty metric tons of fish that were originally procured by the government trading agency with the specific intention of sending them abroad as an official state gift to the government of Kuwait.

However, the planned international consignment ultimately could not be delivered to its intended destination due to unforeseen flight complications. As a result of these logistical hurdles, the entire volume of high-value seafood remained within the country, creating the immediate need for a proper administrative resolution regarding the unused state-purchased goods.

The physical stock of fish is currently being held and preserved at the processing plant facilities of Trust Sea Food Industries Limited, located in Khulna. This facility has been serving as the designated storage site for the goods since the initial plans for the diplomatic gift shipment were disrupted by the transportation issues.

Following directives issued by the Ministry of Commerce, authorities have now moved forward with the process to dispose of the stored inventory through a formal auction. The specific composition of the twenty metric tons includes ten metric tons of giant tiger prawns, commonly known as golda chingri, alongside five metric tons of bagda shrimp.

Furthermore, the auction inventory comprises an additional five metric tons of pomfret, locally referred to as rupchanda fish. Interested participants and bidders engaging in the procurement process are required to purchase quantities of at least five hundred kilograms of fish, while also submitting a security deposit of fifteen thousand taka.

This administrative measure ensures that the publicly procured commodities are efficiently utilized and monetized following the cancellation of the original diplomatic delivery to Kuwait. The ongoing auction process in Khulna marks the final chapter for this specific batch of seafood originally intended for international gifting.

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