Dhaka, Oct 1 (V7N) – The Cabinet Committee on Government Purchase (CCGP) today approved a series of proposals to procure and import 2.60 lakh tonnes of fertilizer to ensure uninterrupted supply to farmers during the agricultural season.
The approvals were given at the 47th meeting of the CCGP, held at the Cabinet Division in the capital, with Finance Minister Amir Khosru Mahmud Chowdhury in the chair. A total of 19 proposals from different ministries and divisions were considered at the meeting, including seven related to fertilizer procurement under the Ministry of Industries and the Ministry of Agriculture.
Urea Fertilizer Procurement
Under the Ministry of Industries, the committee approved three proposals for procuring 1.10 lakh tonnes of granular urea fertilizer:
| Supplier | Quantity | Cost | Price per Tonne |
|---|---|---|---|
| KAFCO, Bangladesh | 30,000 tonnes (bagged) | Tk 162.39 crore | US$438.125 |
| SABIC Agri-nutrients, Saudi Arabia | 40,000 tonnes (bulk, ±10%) | Tk 228.90 crore | US$463.17 |
| Fertiglobe, UAE | 40,000 tonnes (bulk, ±10%) | Tk 269.56 crore | US$545 |
TSP Fertilizer Import
Under the Ministry of Agriculture, the committee approved four proposals for importing non-urea fertilizers through the Bangladesh Agricultural Development Corporation (BADC) under government-to-government (G2G) contracts:
| Lot | Supplier | Quantity | Cost | Price per Tonne |
|---|---|---|---|---|
| Sixth | OCP Nutrirops S.A., Morocco | 40,000 tonnes TSP | Tk 433.76 crore | US$877 |
| Seventh | OCP Nutrirops S.A., Morocco | 40,000 tonnes TSP | Tk 433.76 crore | US$877 |
| Eighth | OCP Nutrirops S.A., Morocco | 30,000 tonnes TSP | Tk 247.67 crore | US$667.67 |
| Ninth | OCP Nutrirops S.A., Morocco | 40,000 tonnes TSP | Tk 330.23 crore | US$667.67 |
The government said the procurement and import approvals are intended to maintain adequate fertilizer stocks and ensure timely supplies to farmers during the ongoing agricultural season. The move comes amid efforts to boost agricultural production and ensure food security.
Bangladesh requires approximately 25-26 lakh tonnes of fertilizer annually, with urea being the most widely used. The government has been actively procuring fertilizer through both domestic production and imports to meet demand. The Agriculture Minister recently stated that there is no shortage of fertilizer in the country, with 1.5 million tonnes imported and an equivalent quantity in stock. The government has also been working to reduce dependence on imported fertilizers by increasing domestic production capacity.\
end/aj/rh/
