Pakistan. TCP sends 15,000 tons of rice to Cuba as gift

23.08.2016

The Trading Corporation of Pakistan (TCP), on behalf of the government of Pakistan, dispatched some 15,000 tons of rice to Cuba as gift. Sources told Business Recorder on Monday that the state-run grain trader has successfully completed another export shipment of rice, procured from domestic exporters/traders. This is the second rice export consignment by the TCP during this year as earlier in January this year, the state-run grain trader exported some 15,000 tons of rice including Long Grain White Rice (IRRI-6) and Super Basmati rice for Niger.

A ship namely Mv CMB Adrien carrying 15,000 tons of rice including 10,000 tons of IRRI-6 and 5,000 tons of Super Basmati has sailed from Port Qasim for Cuba on Sunday. The commodity was procured from two domestic exporters/traders worth Rs 800 million (approximately) for the gift purposes.

The rice consignment has been sailed after meeting all the terms and conditions of the Cuban Quarantine Department as previously some issues had cropped up, which forced the TCP to divert a rice shipment from Cuba to Niger. On behalf of the Cuban government, three quarantine officers were in Pakistan for the last one month to monitor the entire process of the rice procurement to maintain the quarantine protocols of Cuba.

The TCP initiated the procurement of some 15,000 tons of rice for Cuba in May and invited separate bids for procurement of 10,000 tons of IRRI-6 and 5,000 tons of Super Basmati on Free on Board (FoB).

Some three bidders submitted their bids for the supply of IRRI-6. The tender award committee observed that lowest bid price of Rs 43,260 per metric ton (excl of taxes) on FoB for a quantity of 10,000 tons of IRRI-6 was quoted by M/s GaribSons Pvt Ltd. As the bid was responsive and competitive, the committee awarded the tender to M/s GaribSons Pvt Ltd.

In addition, for procurement of 5,000 tons of Super Basmati Rice, some four bidders submitted their bids. The tender award committee observed that bid price of Rs 74,000 per ton (excl taxes) on FoB for quantity of 5,000 tons was quoted by M/s Matco Foods. As lowest bid was responsive and competitive, the TCP awarded the tender to M/s Matco Foods for supply of 5,000 tons of Super Basmati Rice.

Both parties successfully completed the supply of rice including 10,000 tons of Long Grain White Rice (IRRI-6) and 5,000 tons of Super Basmati Rice on Sunday and accordingly the consignment has been dispatched to Cuba. Sources said Cuban inspectors also carried out inspection of the successful bidders'' rice processing and warehousing facilities and accordingly issued certificates of inspection confirming the fitness of the rice processing and warehousing facilities of both bidders, ie, M/s GaribSons Pvt Ltd (Irri-6) and M/s Matco Foods (Basmati) for export of Cuba.

 


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