BSS
  11 Dec 2024, 17:14

Govt to procure 1.30 lakh MTs fertilizer 

DHAKA, Dec 11, 2024 (BSS) - The government today approved separate proposals 
for procuring 1.30 lakh Metric Tons (MTs) of fertilizer to meet the growing 
demand of the country.

The approval came from the 16th meeting of the Advisers Council Committee on 
Government Purchase (ACCGP) this year held at the Cabinet Division conference 
room at Bangladesh Secretariat with Adviser to the interim government on the 
Ministry of Finance Dr Salehuddin Ahmed in the chair.

Briefing reporters after the meeting, he said following a proposal from the 
Ministry of Industries, the Bangladesh Chemical Industries Corporation (BCIC) 
would procure some 30,000 MTs of bulk granular urea fertilizer from SABIC 
Agri-nutrient Company, Saudi Arabia under the 12th lot for the fiscal year 
(FY25) with around Taka 123.23 crore with per ton fertilizer costing 
US$342.33.

Following a proposal from the Ministry of Agriculture, the Bangladesh 
Agricultural Development Corporation (BADC) would procure some 30,000 MTs of 
MPO fertilizers under state-level agreement from JSC Foreign Economic 
Corporation "Prodintorg", Russia under the fifth lot for the fiscal year 
(FY25) with around Taka 104.31 crore with the cost of per ton fertilizer 
reaching $289.75.

Following another proposal from the Ministry of Agriculture, the BADC would 
procure some 40,000 MTs of DAP fertilizers from OCP Nutricrops, Morocco under 
the ninth lot for the fiscal year (FY25) with around Taka 280.68 crore with 
per ton fertilizer costing $584.75.

Following another proposal, the BADC would procure some 30,000 MTs of TSP 
fertilizers from OCP Nutricrops, Morocco under the 11th lot for the fiscal 
year (FY25) with around Taka 152.46 crore with the price of per ton 
fertilizer fixed at $423.50.