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The Cabinet Committee on Government Purchase (CCGP) on Wednesday approved the import of 110,000 tonnes of fertiliser from Saudi Arabia and Morocco to ensure adequate supplies for farmers in the 2026–27 fiscal year.
The decision was taken at a meeting held at the Bangladesh Secretariat, chaired by Finance Minister Amir Khosru Mahmud Chowdhury.
Of the total, 40,000 tonnes of bulk granular urea will be imported from Saudi Arabia’s SABIC Agri-Nutrients Company at a cost of Tk 209.06 crore, with the price set at $421.67 per tonne.
The committee also approved the import of 40,000 tonnes of diammonium phosphate (DAP) from Morocco’s OCP Nutricrops SA under a government-to-government arrangement with the Bangladesh Agricultural Development Corporation (BADC). The consignment will cost Tk 441.91 crore, at $891.67 per tonne.
Another 30,000 tonnes of triple super phosphate (TSP) will also be imported from OCP Nutricrops SA under the same agreement. The TSP consignment will cost Tk 251.76 crore, with the price fixed at $677.33 per tonne.
The proposals were placed by the Ministry of Industries and the Ministry of Agriculture as part of the government’s efforts to maintain adequate fertiliser stocks and ensure an uninterrupted supply for agricultural production.
The latest approvals are expected to strengthen fertiliser availability ahead of the upcoming farming seasons and help farmers meet their production needs.
