Govt approves import of 80,000 MT of fertiliser

The government has approved the import of 80,000 metric tons of fertiliser to ensure an uninterrupted supply for the upcoming cultivation season.

The decision was made during a virtual meeting of Advisers Council Committee on Government Purchase, chaired by Finance Adviser Dr. Salehuddin Ahmed.

Under the approval, 40,000 metric tons of bulk granular urea fertiliser will be imported from Fertiglobe Distribution Limited, UAE, at a price of US$409.50 per metric ton. 

The total contract value is Tk 201.14 crore, under the Ministry of Industries.

In addition, the Committee recommended importing 40,000 metric tons of DAP fertiliser under the 9th lot of a state-level agreement between Morocco’s OCP Nutricrops and Bangladesh Agricultural Development Corporation (BADC). 

The purchase price is US$682.67 per metric ton, with a total contract value of Tk 335.32 crore.

SH