US company will supply 12,500 metric tons of sugar to Bangladesh

The government will import 12,500 metric tons of sugar and 220,000 tons of fertilizer to meet the domestic requirements.

Cabinet Committee on Government Purchase (CCGP) in a meeting on Wednesday approved a number of proposals in this regard. Finance Minister AHM Mustafa Kamal presided over the meeting held virtually.

According to a proposal of the Commerce Ministry, its subordinate body Trading Corporation of Bangladesh (TCB) will import the sugar from Accentuate Technology Inc., USA (Local Agent: OMC Ltd., Dhaka) through an international open tender system at total cost of Tk 66.27 crore with per kilogram cost at Tk 82.85.

Cabinet Division Additional secretary Sayeed Mahbub Khan, who briefed reporters about the Cabinet body meeting, said while approving the proposal the issue of the prime minister‍‍`s instruction not to import any goods from any country which imposed sanction on Bangladesh was not discussed in the meeting.

The committee approved two separate proposals of the Ministry of Industries to import a total of 60,000 tons of urea fertilizer and 10,000 tons of phosphoric acid by its subordinate body Bangladesh Chemical Industries Corporation (BCIC).

Of these, 30,000 tons of bagged granular urea will be procured from Karnaphuli Fertilizer Company Limited (KAFCO) at a cost of Tk 120.03 crore, with the price per ton set at $371.25 while another 30,000 tons of bulk granular urea fertilizer will be imported from SABIC Agri-nutrients Company of Saudi Arabia at a cost of Tk 106.25 crore, with the price per ton set at $327.33.

The BCI will import 10,000 tons of phosphoric acid at Tk 60.95 crore from Sun International FZE, UAE (Local Agent: M/s Agro Industrial Input, Dhaka) for TSP Complex Limited, Chittagong. Each ton of acid will cost $566.50.

The CCGP approved a total of six proposals of Bangladesh Agriculture Development Corporation (BADC), placed by the Ministry of Agriculture, for importing a total of 160,000 tons of different types of fertilizers.

Of these, the BADC will import 40,000 tons of DAP fertilizer from MA‍‍`ADEN, Saudi Arabia at a cost Tk229.33 crores, $532 under the state level contract.

It will import 30,000 tons of TSP fertilizer from OCP, SA of Morocco at a cost of Tk126.57 crores, with each ton price at $391.50, under the state level contract while 40,000 tons of DAP fertilizer will be imported from the same company of Morocco at a cost of Tk233.42 crore with per ton price at $541.5.

The BADC will import 50,000 tons of Muriate of Potash (MOP) fertilizer from the Canadian Commercial Corporation under the state-level contract at a cost of Tk225.23crore, with per ton price at $418.

The CCGP approved a proposal of the Local Government Division to extend the cost of the consultant by Tk11.1 crore for its project "Water Supply and Sanitation in 23 Municipalities of Bangladesh (1st Revised)" being implemented by the Department of Public Health Engineering.

Joint Venture of (1) Ranhill, (2) Farhat and (3) DDC had been appointed as consultant for the project.