Govt to procure 85,000 tonnes of fertilizer

The Cabinet Committee on Government Purchase (CCGP) today approved three separate proposals under which the government would procure some 85,000 tonnes of fertilizer.

The approval came from the 6th meeting of the CCGP this year held virtually with Finance Minister AHM Mustafa Kamal in the chair, reports BSS. 

Briefing reporters virtually after the meeting, Kamal informed that the cabinet committee approved a total of four proposals. Out of the proposals, the committee approved two proposals of the Industries Ministry, one of the Local Government Division (LGD) and one of Agriculture Ministry. 

He mentioned that the total amount in the four proposals is Taka 492.47 crore. Of the total cost, Taka 78.52 crore will come from GoB portion and Taka 413.95 crore will be borrowed from local bank and the World Bank, he added.

The committee approved a proposal of the Bangladesh Agricultural Development Corporation (BADC) under the Agriculture Ministry to import 30,000 tonnes of TSP fertilizer from OCP, SA Morocco with around Taka 182.06 crore.

The CCGP also approved a proposal of the Bangladesh Chemical Industries Corporation (BCIC) under the Ministry of Industries to procure some 25,000 tonnes of Rock phosphate fertilizer from M/s Agro Industrial Input, Dhaka (Chief Supplier of M/s Wilson International Trading PVT Limited, Singapore) with Taka 78.52 crore. 

The fertilizer will be procured for the Chittagong TSP Complex Limited.

The meeting also approved another proposal of the BCIC to procure some 30,000 tonnes of bulk granular urea fertilizer from the Karnaphuli Fertilizer Company Limited with around Taka 172.15 crore. 

The committee also approved the proposal of the Local Government Engineering Department under the LGD to appoint the joint venture --DOHWA Engineering Company Limited and Development Design Consultants Limited-- as consultant for the Western Economic Corridor and Regional Enhancement Program (WeCARE)-Phase-1, with Taka 59.74 crore.