Dhaka:The Cabinet Committee on Government Purchase (CCGP) has approved a proposal to import 295,000 metric tonnes of fertiliser for the 2026-27 fiscal year. The procurement will be conducted from Morocco, Saudi Arabia, and the United Arab Emirates, along with a local manufacturer, at a total cost of Tk2,207.77 crore.
According to United News of Bangladesh, the decision was made during a meeting chaired by Finance Minister Amir Khosru Mahmud Chowdhury at the Secretariat. The import plan includes 60,000 tonnes of triple superphosphate (TSP), 155,000 tonnes of granular urea, and 80,000 tonnes of diammonium phosphate (DAP) fertiliser.
The agreements entail importing 60,000 tonnes of TSP and 80,000 tonnes of DAP from Morocco's OCP Nutricrops SA under government-to-government (G2G) contracts with the Bangladesh Agricultural Development Corporation (BADC). The TSP consignments, each of 30,000 tonnes, will cost Tk489.13 crore, while the DAP consignments, each of 40,000 tonnes, will amount to Tk847.58 crore.
For granular urea, the CCGP has approved the import of 40,000 tonnes from Saudi Arabia's SABIC Agri-Nutrients Company at US$432.50 per tonne, costing Tk214 crore, and an additional 40,000 tonnes from the same company at US$430.83 per tonne, costing Tk214.04 crore. Furthermore, 45,000 tonnes of granular urea will be imported from Fertiglobe Distributions Limited of the UAE at US$519.17 per tonne, costing Tk289.93 crore. Additionally, 30,000 tonnes of bagged granular urea will be purchased from Karnaphuli Fertiliser Company Limited (KAFCO), Bangladesh, at US$410.875 per tonne, including a bagging charge of US$5, for Tk153.09 crore.