Dhaka: A government committee has recommended the approval of separate proposals to procure approximately 1.30 lakh metric tons of fertilizer and 15,000 metric tons of sugar to address the increasing demands within the country.
According to Bangladesh Sangbad Sangstha, the 41st meeting of the Advisers Council Committee on Government Purchase, chaired by Finance Adviser Dr. Salehuddin Ahmed, took place virtually today. The meeting resulted in the approval of these significant procurement proposals.
Cabinet Division officials indicated that following a proposal from the Ministry of Commerce, the government plans to procure 15,000 metric tons of sugarcane white sugar from the Bangladesh Sugar and Food Industries Corporation (BSFIC). This procurement will be conducted under the local Direct Procurement Method (DPM) at an estimated cost of Taka 173.37 crore, with the cost per kilogram of sugar set at Taka 115.58.
In response to separate proposals from the Ministry of Agriculture, the Bangladesh Agricultural Development Corporation (BADC) will procure 40,000 metric tons of MOP fertilizer from the Canadian Commercial Corporation (CCC) through a state-level agreement. This transaction, part of the 9th lot, will cost approximately Taka 174.42 crore, with each ton of fertilizer priced at $356.25. Additionally, BADC will acquire 30,000 metric tons of fertilizer from OCP, NUTRICROPS, Morocco, under another state-level agreement for around Taka 208.81 crore, with the cost per ton set at $568.67.
The Ministry of Industries presented two separate proposals, resulting in the Bangladesh Chemical Industries Corporation (BCIC) procuring 30,000 metric tons of bulk granular urea fertilizer from SABIC-Agri-nutrients Company, Saudi Arabia. This acquisition, part of the 4th lot for the current fiscal year (FY26), will cost approximately Taka 155.45 crore, with each ton priced at $422.66. Additionally, BCIC will purchase 30,000 metric tons of bagged granular urea fertilizer from KAFCO, Bangladesh, under the 6th lot for FY26, at an estimated cost of Taka 143.48 crore, with each ton priced at $390.75.
The meeting also approved a cost variation proposal from the Ministry of Food.