The IMED found a daily loss of Tk 100,000 and a combined annual loss of Tk 70 million from the vessels. Authorities had expected Tk 70 million in profit a year from the vessels at that time. “The government estimated Tk 190 million in annual revenue against a cost of Tk 120 million from the two vessels. Net profit was estimated to be about Tk 70 million a year,” says the report. The shipping ministry took up a Tk 450 million project in 2012 for building the two vessels.

Source: bd News24 February 15, 2018 07:30 UTC