The Cabinet Committee on Government Purchase (CCGP) has approved three separate proposals under which the government would procure some 85,000 tonnes of fertilizer.
The approval came from the 6th meeting of the CCGP this year held virtually with Finance Minister AHM Mustafa Kamal in the chair on Wednesday.
Briefing reporters virtually after the meeting, Kamal informed that the cabinet committee approved a total of four proposals, reports BSS.
Out of the proposals, the committee approved two proposals of the Industries Ministry, one of the Local Government Division (LGD) and one of the Agriculture Ministry.
He mentioned that the total amount in the four proposals is Tk 4.92 billion. Of the total cost, Tk 785.20 million will come from GoB portion and Tk 4.13 billion will be borrowed from the local bank and the World Bank, he added.
The committee approved a proposal of the Bangladesh Agricultural Development Corporation (BADC) under the Agriculture Ministry to import 30,000 tonnes of TSP fertilizer from OCP, SA Morocco with around Tk 1.82 billion.
The CCGP also approved a proposal of the Bangladesh Chemical Industries Corporation (BCIC) under the Ministry of Industries to procure some 25,000 tonnes of Rock phosphate fertilizer from M/s Agro Industrial Input, Dhaka (Chief Supplier of M/s Wilson International Trading PVT Limited, Singapore) with Tk 785.20 million.
The fertilizer will be procured for the Chittagong TSP Complex Limited.
The meeting also approved another proposal of the BCIC to procure some 30,000 tonnes of bulk granular urea fertilizer from the Karnaphuli Fertilizer Company Limited with around Tk 1.72 billion.
The committee also approved the proposal of the Local Government Engineering Department under the LGD to appoint the joint venture --DOHWA Engineering Company Limited and Development Design Consultants Limited-- as consultant for the Western Economic Corridor and Regional Enhancement Program (WeCARE)-Phase-1, with Tk 597.40 million.