Govt to import 95,000 tonnes fertiliser
The BADC will procure 35,000 tonnes of MOP fertiliser from Russia
The government today (23 September) approved three separate proposals to import some 95,000 tonnes of fertiliser to meet the growing demand.
The approvals came from the current year's 38th meeting of the Advisers Council Committee on Government Purchase (ACCGP) held today with Finance Adviser Dr Salehuddin Ahmed in the chair.
Following a proposal from the Ministry of Industries, the government will procure 30,000 tonnes of bulk granular urea fertiliser under the first lot from SABIC Agri-nutrients Company, Saudi Arabia at a cost of around Tk164.59 crore, with each tonne priced at $447.50.
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Following another proposal from the ministry, the government will procure 30,000 tonnes of bagged granular urea fertilizer from Karnaphuli Fertilizer Company Limited (Kafco) at a cost of around Tk152.59 crore, with each tonne priced at $414.87.
In addition, the Bangladesh Agricultural Development Corporation (BADC) will procure 35,000 tonnes of MOP fertiliser under the fourth lot of a state-level agreement with JSC Foreign Economic Corporation (Prodintorg), Russia at a cost of around Tk154.90 crore, with each tonne priced at $361.
