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).
