Govt to procure fertilizer, phosphoric acid worth Tk 888cr

The government approved separate proposals for procuring some one lakh Metric Tons (MTs) of fertilizer and some 40,000 Metric Tons (MTs) of phosphoric acid to meet the growing demand of the country at the cost of Tk 888.19 crore.

The approval came from this year’s 6th meeting of Advisers Council Committee on Government Purchase (ACCGP) held at the Cabinet Division conference room at Bangladesh Secretariat on Tuesday (February 4) with Adviser to the interim government on the Ministry of Finance Dr Salehuddin Ahmed in the chair.

Following a proposal from the Ministry of Agriculture, the Bangladesh Agricultural Development Corporation (BADC) would procure some 40,000 MTs of DAP fertilizer under the 2nd lot from MA’ADEN, Saudi Arabia under state-level agreement with around Tk 298.16 crore with per ton fertilizer costing $611.

In response to a proposal from the Ministry of Industries, Bangladesh Chemical Industries Corporation (BCIC) would procure 30,000 MTs of bulk granular urea fertilizer from SABIC Agri-nutrients Company, Saudi Arabia, under the 16th lot with around Tk 144.62 crore with per ton fertilizer costing $395.16.

The BCIC will purchase 30,000 MTs of bagged granular urea fertilizer from KAFCO, Bangladesh with around Tk 142.64 crore for the current fiscal year (FY25) with per ton fertilizer to cost $389.75.

Meanwhile, following a proposal of Ministry of Industries, Bangladesh Chemical Industries Corporation (BCIC) would procure 20,000 MTs of phosphoric acid for DAPFCL with around Tk 152.02 crore from M/S Sun International FZE UAE, (Guiangxi Pengyue Eco-technology Co Ltd, China and M/s Foskor Pty Ltd South Africa).

Following another proposal of Ministry of Industries, the BCIC would procure 20,000 MTs of phosphoric acid for DAPFCL with around Tk 150.73 crore from M/S Sun International FZE UAE (Local Agent: Agro Industrial Input, Dhaka, Manufacturer: M/S Guiangxi Pengyue Eco-technology Co Ltd, China and M/s Foskor Pty Ltd South Africa).