Bangladesh interim government chief Professor Muhammad Yunus on Tuesday hailed Bangladesh Shipping Corporation for repaying the government Tk 475.25 crore as installment of a loan, says a press release.
鈥楾hey are examples for state-owned companies,鈥� he said.
The chief adviser made the comment when BSC handed over a cheque of Tk 475.25 crore to him as installment of a loan the organisation obtained from the government and China Exim Bank in 2016.
The BSC took the loan to purchase six ships, including three bulk carriers, at a cost of over Tk 1,457 crore.
The loan deal enabled the BSC to add six commercial ships to its fleet for the first time in 27 years in 2018-2019.
Five of these ships are now carrying goods across different oceans using the Bangladesh flag.
The BSC is supposed to repay the government Tk 2,425 crore as the amount of the loan and interest in several installments over a period of 13 years.
The adviser for the shipping ministry M Sakhawat Hussain, finance adviser Salehuddin Ahmed, shipping secretary Mohammad Yousuf and BSC managing director Comodore Mahmudul Malek, were present on the occasion.
