The Cabinet Committee on Government Purchase (CCGP) on Thursday approved the proposal to import of 295,000 metric tonnes of fertiliser from Morocco, Saudi Arabia and the United Arab Emirates, along with procurement from a local manufacturer, at a total cost of Tk2,207.77 crore.

Finance Minister Amir Khosru Mahmud Chowdhury presided over the meeting held at the Secretariat.

The proposals cover 60,000 tonnes of triple superphosphate (TSP), 155,000 tonnes of granular urea and 80,000 tonnes of diammonium phosphate (DAP) fertiliser for the 2026-27 fiscal year.

Of the total quantity, 60,000 tonnes of TSP and 80,000 tonnes of DAP will be imported from Morocco’s OCP Nutricrops SA under government-to-government (G2G) agreements with the Bangladesh Agricultural Development Corporation (BADC).

The two TSP consignments, each comprising 30,000 tonnes, will cost Tk489.13 crore.

The two DAP consignments, each comprising 40,000 tonnes, will cost Tk847.58 crore.

For urea, the committee approved importing 40,000 tonnes from Saudi Arabia’s SABIC Agri-Nutrients Company under the ninth lot at US$432.50 per tonne, costing Tk214 crore.

Another 40,000 tonnes from the company under the 10th lot will cost Tk214.04 crore at US$430.83 per tonne.

The committee also cleared import of 45,000 tonnes of granular urea from Fertiglobe Distributions Limited of the UAE at US$519.17 per tonne, costing Tk289.93 crore.

In addition, it approved purchasing 30,000 tonnes of bagged granular urea from Karnaphuli Fertiliser Company Limited (KAFCO), Bangladesh, at US$410.875 per tonne, including a bagging charge of US$5, for Tk153.09 crore.