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Govt to import 140,000MT of fertiliser to meet domestic needs

Special Correspondent Trade 2024-09-24, 9:55pm

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Fertilizer being applied to a paddy field in Bangladesh.



Dhaka, Sept 24 - The government will import a total of 140,000 metric tons of fertiliser to meet the domestic needs.

Of the total quantity, some 30,000 MT of fertilizer will be imported by Bangladesh Chemical Industries Corporation (BCIC) while the remaining 110,000 MT of fertiliser will be imported by the Bangladesh Agriculture Corporation (BADC).

The Advisors Committee on Government Purchase (ACGP) in a meeting, with Finance Advisor Dr Salehuddin Ahmed in the chair, approved several proposals in this regard on Tuesday.

As per a proposal, moved by the Ministry of Industries, its subordinate body BCIC will procure 30,000 MT of bagged granular urea fertiliser from Karnaphuli Fertiliser Company (Kafco) at a cost of Tk 117.09 crore, with each metric ton cost at $325.25.

The Agriculture Ministry moved three proposals of its subordinate body BADC to import bulk fertilizer.

Of these, the BADC will import 30,000 MT of MOP fertiliser from JSC Foreign Economic Corporation 'Prodintorg' , a Russian state-owned joint stock company under a state-to-state agreement at a cost of Tk 102.60 crore. Each MT of fertiliser will cost $285.

Under a state-to-state agreement, the BADC will import 40,000 MT of MOP fertiliser from Canadian Commercial Corporation (CCC) at a cost of Tk 136.80 crore with each metric ton cost at $285.

Another 40,000 MT of DAP fertiliser will be imported by the BADC under state-to-state deal from OCP, Morocco, at a cost of Tk 280.80 crore. Each metric ton of DAP fertiliser will cost $585.

The ACGP also approved a proposal of the Education Ministry to award contracts to different contractors to print and supply the books of Class one, two and three at a cost of Tk 147.97 crore.

The committee approved tender proposals of 70 lots, out of 97 lots.

Meanwhile, a meeting of the Advisors Committee on Economic Affairs (ACEA) was held with finance advisor Salehuddin Ahmed.

In the meeting, the Department of Immigration and Passport under the Ministry of Home Affairs, withdrew a proposal from the agenda to award a contract to print and supply 1.5 million machine readable passport (MRP) booklets and 1.5 million lamination foil without a tender process. -UNB