The government will buy 2.30 lakh tonnes of fertilizer worth aboutTk 1,102 crore to meet the country’s growing demand to boost production.
The Cabinet Committee on Government Purchase (CCGP) on Wednesday approved seven separate proposals for purchasing fertilizers from the United Arab Emirates (UAE), Saudi Arabia, Morocco and Canada as well as the Bangladeshi company KarnafuliFertilizer Company (KAFCO).
Finance Minister AHM Mustafa Kamal chaired the CCGP meeting.
In view of the proposal of the Ministry of Industries and Ministry of Agriculture, the government has decided to purchase Phosphoric Acid, Urea fertilizer, DAP fertilizer, TSP and Muriate-of-Potash fertilizer.
Briefing reporters virtually after the meeting, Additional Secretary of the Cabinet Division Md Syed Mahbub Khan said the committee approved four proposals of the Agriculture Ministry, three proposals of the Industries Ministry, one proposal of the Commerce Ministry and one of the Local Government Division (LGD).
The CCGP approved a proposal of the Bangladesh Chemical Industries Corporation (BCIC) under the Ministry of Industries to procure some 10,000 tonnes of Phosphoric acid fertilizer from M/s Sun International FZE, UAE (Local Agent: M/s Agro Industrial Inputs, Dhaka) for Tk 60.95 crore.
The fertilizer will be procured for the Chattogram TSP Complex Limited.
The meeting also approved another proposal of the BCIC to procure some 30,000 tonnes of bulk granular urea fertilizer from the Karnaphuli Fertilizer Company Limited with around Tk 120.03 crore.
The BCIC will procure another 30,000 tonnes of bulk granular urea fertilizer from SABIC Agri-nutrients Company, Saudi Arabia under the 22nd lot with around Tk 106.25 crore.
The committee approved a proposal of the Bangladesh Agricultural Development Corporation (BADC) under the Agriculture Ministry to import 40,000 tonnes of DAP fertilizer from MA'ADEN, Saudi Arabia with around Tk 229.33 crore.
The committee approved a proposal of the BADC under the Agriculture Ministry to import 30,000 tonnes of TSP fertilizer from OCP, S.A, Morocco with around Tk 126.57 crore.
The committee approved another proposal of the BADC under the Agriculture Ministry to import 40,000 tonnes of DAP fertilizer from OCP, SA, Morocco with around Tk 233.42 crore.
The committee approved another proposal of the BADC to import 50,000 tonnes of MPO fertilizer from Canadian Commercial Corporation with around Tk 225.23 crore.
The committee also approved a proposal of the Trading Corporation of Bangladesh (TCB) under Commerce Ministry to procure some 12,500 tonnes of sugar from Accentuate Technology Inc., USA (Local Agent: OMC Ltd., Dhaka) with around Tk 66.27 crore.
