The government will acquire 100,000 tons of fertilizer and 10,000 tons of lentils
The approval was granted during the ACCGP's sixth meeting of the year, held in the Cabinet Division conference room at the secretariat.
On Tuesday, the government approved separate proposals to procure 100,000 tons of fertilizer and 10,000 tons of lentils to meet the country's growing demand.
The approval was granted during the sixth meeting of the Advisers Council Committee on Government Purchase (ACCGP) this year, held at the Cabinet Division conference room at Bangladesh Secretariat, with Dr. Salehuddin Ahmed, Adviser to the interim government on the Ministry of Finance, presiding over the session.
Following a proposal from the Ministry of Commerce, the state-run Trading Corporation of Bangladesh (TCB) will procure 10,000 tons of lentils locally through the Open Tender Method (OTM) from Nabil Naba Foods Limited at a cost of approximately Tk97.92 crore, with each kilogram priced at Tk97.22.
As per a proposal from the Ministry of Agriculture, the Bangladesh Agricultural Development Corporation (BADC) will purchase 40,000 tons of DAP fertilizer under the second lot from MA'ADEN, Saudi Arabia, through a state-level agreement. The procurement will cost approximately Tk298.16 crore, with each ton priced at $611.
In response to a proposal from the Ministry of Industries, the Bangladesh Chemical Industries Corporation (BCIC) will acquire 30,000 tons of bulk granular urea fertilizer from Sabic Agri-nutrients Company, Saudi Arabia, under the 16th lot. The deal is valued at approximately Tk144.62 crore, with a per-ton cost of $395.16.
Additionally, the BCIC will purchase another 30,000 tons of bagged granular urea fertilizer from Kafco, Bangladesh, for the current fiscal year (FY25) at a cost of approximately Tk142.64 crore, with each ton priced at $389.75.
The ACCGP meeting also approved a proposal from the Ministry of Industries for the construction of two buffer godowns in Magura (15,000 tons) and Chandpur (10,000 tons). These godowns will be built as part of the first revised project aimed at constructing 34 buffer godowns across the country for fertilizer storage and distribution.
What's Your Reaction?
