The government on Sunday has approved separate proposals for procuring some 55 lakh litres of soybean oil and 1.50 lakh tonnes of fertiliser to meet the country's growing demand.
The Adviser's Council Committee on Government Procurement (ACCGP) approved its 8th meeting with Finance Adviser Dr Salehuddin Ahmed in the chair.
According to documents provided by the Ministry of Finance, the ACCGP meeting, held at the Bangladesh Secretariat, also approved five proposals, BSS reported.
Following three separate proposals from the Ministry of Agriculture, Bangladesh Agricultural Development Corporation (BADC) would procure 1.20 lakh tonnes of DAP fertiliser from three companies in China, Morocco and Saudi Arabia under state-level agreements with around Tk872.52 crore.
The three companies are Banyan International Trading Limited of China, OCP of Morocco and MA'ADEN of Saudi Arabia.
Following another proposal from the Ministry of Industries, the Bangladesh Chemical Industries Corporation (BCIC) would procure some 30,000 tonnes of bulk granular urea fertiliser under the 4th lot under a state-level agreement in the current fiscal year (FY24) from SABIC Agri-nutrients Company, Saudi Arabia with around Tk129.35 crore where per tonne fertiliser would cost $359.33.
In response to a proposal from the Ministry of Commerce, the state-run Trading Corporation of Bangladesh (TCB) will procure some 55 lakh litres of soybean oil under the local Open Tender Method (OTM) from City Edible Oil Limited with around Tk86.84 crore where per litre soybean oil would cost Tk157.90 crore.
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