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Govt to procure 100,000 tons of fertilizer

Cabinet Committee on Government Purchase approves four proposals

Update : 12 Oct 2022, 04:25 PM

The government has approved separate proposals to procure a total 100,000 tons of fertilizer.

About 60,000 tons of bulk granular urea fertilizer and 40,000 tons of DAP fertilizer will be purchased under the proposals.

The proposals were approved at the 30th meeting of the Cabinet Committee on Government Purchase (CCGP) this year, held virtually on Wednesday, with Finance Minister AHM Mustafa Kamal in the chair.

Briefing reporters after the meeting, Cabinet Division Additional Secretary Syed Mahbub Khan said the meeting approved a total of four proposals.

He said that following two separate proposals from the Ministry of Industries, Bangladesh Chemical Industries Corporation (BCIC) will procure some 30,000 tons of bulk granular urea fertilizer under the first lot from Fertiglobe Distribution Limited, UAE for around Tk204.73 crore at $632 per ton of fertilizer.

The government will purchase the urea fertilizer at $46 less per ton than its previous purchase.

Mahbub said the BCIC will procure another consignment of 30,000 tons of bulk granular urea fertilizer from Muntajat, Qatar, under the eighth lot under a state-level agreement for around Tk204.73 crore, at $632 per ton . In this lot, the BCIC will pay $46 less for every ton of fertilizer compared to the previous procurement.

He said the Bangladesh Agricultural Development Corporation (BADC) under the Ministry of Agriculture will procure some 40,000 tons of DAP fertilizer under the eighth lot under a state-level agreement with MA'ADEN, Saudi Arabia for around Tk309.78 crore at $726.50 per ton. The BADC will purchase the consignment of DAP fertilizer at $140 less per ton compared to its previous procurement.

The Cabinet Division additional secretary also said the CCGP meeting approved another proposal from the Local Government Division under which the rest of the work for constructing a 614-metre PSC girder bridge over the Kalinga River in Nesarabad upazila in Pirojpur has been awarded to Max Infrastructure Limited at around Tk105.26 crore.

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