The government on Tuesday approved a proposal for procuring some 40,000 metric tons of bulk granular fertiliser from Saudi Arabia for the current fiscal year (FY26) to meet the growing demand.
The approval came from this year’s 1st meeting of the Advisers Council Committee on Government Purchase at the Cabinet Division Conference Room at the Secretariat with Finance Adviser Dr Salehuddin Ahmed in the chair.
The fertiliser will be imported from SABIC Agri-nutrients Company, Saudi Arabia, under the 15th lot.
Placed by the Ministry of Industries, the proposal involves a total cost of Tk 191.41 crore, with the price fixed at US$390 per ton.