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Govt to import 2.65 lakh mts of fertilizer


Published : 04 May 2023 12:58 AM

The cabinet committee on government purchase (CCGP) on Wednesday approved 14 proposals, including import of a total of 2,65,000 metric tonnes of fertilizer for producing crops in the coming seasons.

The government has decided to purchase urea, TSP, DAP, phosphoric acid and Muriate of Potash (MOP) fertilizers at a cost of Tk 1,193.29 crore. 

The fertilizer will be purchased from the United Arab Emirates, Qatar, Saudi Arabia, Canada, Tunisia and Morocco in addition to a domestic company.

The CCGP has approved the purchase of this fertilizer following the proposal of the Ministry of Industry and Ministry of Agriculture. 

The approval came from the meeting of the CCGP held on Wednesday with Finance Minister AHM Mustafa Kamal in the chair.

Briefing reporters after the meeting virtually, Cabinet Division additional secretary Sayeed Mahbub Khan said that the day's meeting approved a total of 14 proposals.

He said that following separate proposals from the Ministry of Industries, Bangladesh Chemical Industries Corporation (BCIC) would procure 30,000 metric tons of phosphoric acid from M/s Sun International FZE, UAE (local agent: M/s Agro Industrial Input, Dhaka) with around Taka 184.64 crore where per ton would cost $572 against the previous price of $674.

Mahbub said the BCIC would procure 30,000 metric tons of bagged granular urea fertilizer from Muntajat, Qatar under state-level agreement under the 15th lot with around Tk 95.32 crore with per ton fertilizer costing $295.33 against the previous price of $308.67.

The BCIC would also procure another 30,000 metric tons of bagged granular urea fertilizer from KAFCO, Bangladesh with around Tk 105.14 crore where per ton fertilizer would cost $325.75 against the previous price of $309.25.

The Cabinet Division additional secretary informed that following four separate proposals from the Ministry of Agriculture, Bangladesh Agriculture Development Corporation (BADC) would procure 40,000 metric tons of DAP fertilizer from MA'ADEN, Saudi Arabia under state-level agreement under the 2nd lot with around Tk 238.59 crore with per ton fertilizer costing $554.25 against the previous price of $599.75.

The BADC would purchase 50,000 metric tons of MOP fertilizer from Canadian Commercial Corporation under state-level agreement under the 3rd lot with around Tk 226.16 crore with per ton fertilizer costing $420.38 down from the previous price of $444.13.

In another proposal, the BADC would procure 25,000 metric tons of TSP fertilizer from GCT, Tunisia under state-level agreement under the 1st lot with around Taka 105.73 crore where per ton fertilizer would cost $393.

The BADC would also procure 30,000 metric tons of TSP fertilizer from OCP, SA, Morocco under state-level agreement under the 1st lot with around Tk 132.67 crore with per ton fertilizer costing $411 against the previous price of $480.

Besides, the government would also purchase 30,000 metric tons of urea from SABIC, Agri, Saudi Arabia with around Tk 105.02 crore.