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Govt to procure 1.40 lakh metric tonnes of fertilizer

24 November 2022

Staff Reporter :
The government will procure about 1.40 lakh metric tonnes of urea and MOP fertilizer to meet the growing demand of the country.
The government approved separate proposals in this regard on Wednesday.  
The decision has been taken after getting approvals at the 35th meeting of the Cabinet Committee on Government Purchase (CCGP) in this year held virtually with Finance Minister AHM Mustafa Kamal in the chair.
As per the decisions, Ministry of Agriculture, Bangladesh Agricultural Development Corporation (BADC) would procure about 50,000 metric tones of MOP fertilizer from Canadian Commercial Corporation under state-level agreement with a cost of around Taka 414.13 crore.
Meanwhile, Bangladesh Chemical Industries Corporation (BCIC) under the Ministry of Industries would procure about 90,000 metric tonnes of urea fertilizer from different sources.
Officials data said that the BCIC would procure 30,000 metric tonnes of bulk granular urea fertilizer from Fertiglobe Distribution Limited, UAE with around Taka 188.93 crore.
It is also to procure another 30,000 metric tonnes of bagged granular urea fertilizer from KAFCO, Bangladesh, with around Taka 185.13 crore and another 30,000 metric tonnes of bulk granular urea fertilizer from Muntajat, Qatar, (Chemical and Petrochemical, Manufacturing, Marketing and Distribution Company) with around Taka 188.93 crore.

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