BSS
  21 Jan 2025, 16:35

Govt to procure 1,20,000 MTs of fertilizer, 30,000 MTs of phosphoric acid

Granular urea fertilizer and phosphoric acid. Photo: Collected

DHAKA, Jan 21, 2025 (BSS) - The government today approved separate proposals 
for procuring 1,20,000 metric tons (MTs) of fertilizer and 30,000 MTs of 
phosphoric acid to meet the country's growing demand.

The approvals came from the fourth meeting of the Advisers Council Committee 
on Government Purchase (ACCGP) held at the Cabinet Division conference room 
at Bangladesh Secretariat in the city.

Adviser to the Ministry of Finance Dr Salehuddin Ahmed chaired the meeting.

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 15th 
lot for the fiscal year (FY25) with around Taka 132.06 crore with per ton 
fertilizer costing US$360.83.

Following another proposal from the ministry, the BCIC would procure some 
30,000 MTs of bulk granular urea fertilizer from Fertiglobe Distribution 
Limited, The United Arab Emirates (UAE) under the second lot for the fiscal 
year (FY25) with around Taka 132.06 crore with per ton fertilizer costing 
$360.83.

In response to another proposal from the Ministry of Industries, the BCIC 
would procure some 30,000 MTs of bulk granular urea fertilizer from Qatar 
Energy Marketing, Qatar under the ninth lot for the fiscal year (FY25) with 
around Taka 138.65 crore with per ton fertilizer costing $378.83.

Besides, BCIC would procure another 30,000 MTs of bulk granular urea 
fertilizer from Karnaphuli Fertilizer Company Limited (KAFCO) with around 
Taka 129.47 crore where per ton fertilizer would cost $353.75.

The BCIC would procure 10,000 MTs of phosphoric acid for TSPCL with around 
Taka 75.37 crore from M/S Zentrade FZE UAE (Manufacturer: M/S OCP SA 
Morocco).

The BCIC would also procure 20,000 MTs of phosphoric acid for DAPFCL with 
around Taka 149 crore from M/S Sun International FZE UAE (Manufacturer: M/S 
Guiangxi Pengyue Eco-technology Co. Ltd, South Africa).