Government to buy 1 lakh 5 thousand tons of fertilizer for 681 crore taka
The government has decided to buy 1 lakh 5 thousand tons of fertilizer from Canada, Tunisia and Morocco. The total cost of this will be 681 crore 12 lakh 60 thousand taka. The approval was given at the Government Procurement Advisory Council Committee meeting held at the Secretariat on Wednesday (June 25) under the chairmanship of Finance Advisor Dr. Salehuddin. This includes 40 thousand tons of MOP, 25 thousand tons of TSP and 40 thousand tons of DAP fertilizer.
According to the meeting sources, permission has been given to import 40 thousand metric tons of MOP fertilizer in 2 lots under the agreement signed between the Canadian Commercial Corporation (CCC) and the Bangladesh Agricultural Development Corporation (BADC) at the state level. Approval has been given for the import of this fertilizer in view of the proposal of the Ministry of Agriculture. It will cost 166 crore 89 lakh 60 thousand taka. The cost per metric ton will be 342 US dollars.
In view of another proposal by the Ministry of Agriculture, permission has been given to import 2 lots of 25,000 metric tons of TSP fertilizer under the agreement signed between Tunisian Groupe Chimic Tunisian (GCT) and BADC at the state level. This will cost 167.75 crore taka. The cost per metric ton will be 550 US dollars. In addition, the meeting proposed to import 40,000 metric tons of DAP fertilizer under the 13th (optional-4th) lot under the agreement signed between Morocco’s OCP Nutricrops and Bangladesh Agricultural Development Corporation at the state level. This proposal has also been approved by the Advisory Council Committee.
The purchase price of this DAP fertilizer from Morocco’s OCP Nutricrops has been estimated at 346.48 crore taka. The price per metric ton has been estimated at 710 US dollars. The import of this fertilizer has been approved in view of the proposal of the Ministry of Agriculture. Speaking to reporters after the meeting, Economic Advisor Dr. Salahuddin Ahmed said that there will be no impact on wheat or fuel imports due to the Strait of Hormuz. However, there may be some impact on fertilizer imports.
