The Advisers Council Committee on Government Purchase on Tuesday approved import proposals of 80,000 tons of fertilizer to ensure an uninterrupted supply of this essential agricultural input for the upcoming cultivation season.
The approval came from a meeting of the Advisers Council Committee on Government Purchase held virtually with Finance Adviser Dr Salehuddin Ahmed in the chair.
The Committee endorsed the import of 40,000 tons of bulk granular urea fertilizer from Fertiglobe Distribution Limited, UAE at a price of $409.50 per ton under the Ministry of Industries.
The total contract value stands at Tk201.14 crore.
Besides, under a state-level agreement between Morocco’s OCP Nutricrops and Bangladesh Agricultural Development Corporation (BADC), the Committee recommended approval for importing 40,000 tons of DAP fertilizer under the 9th lot.
The consignment will be purchased at $682.67 per ton, with a total value of Tk335.32 crore.
Officials said the imports will help stabilize the fertilizer market and support agricultural production nationwide.
