The government on Monday approved two separate proposals for procuring some 75,000 metric tons of fertiliser worth Tk 399.50 crore to ensure adequate agricultural input supply for the upcoming season in the country.
Under a proposal, the Bangladesh Chemical Industries Corporation (BCIC) under the Ministry of Industries would import 40,000 metric tons of bulk granular urea fertiliser from SABIC Agri-nutrients Company, Saudi Arabia at Tk 199.75 crore.
In another proposal, the Bangladesh Agricultural Development Corporation (BADC) under the Ministry of Agriculture would import 35,000 metric tons of MoP fertiliser under under a G2G arrangement with Russia’s JSC Foreign Economic Corporation (Prodintorg) with the same contract value of Tk 199.75 crore.