Bangladesh, Oct. 21 -- The Cabinet Committee on Public Purchase on Wednesday approved seven procurement proposals worth of Tk 474.12 crore including 80,000 metric tons of urea fertilizer at Tk 174.09 crore.

Finance Minister AHM Mustafa Kamal presided over the virtual meeting of the cabinet body.

The bulk fertilizers will be imported under three separate proposals. Of these, state-owned Bangladesh Chemical Industries Corporation (BCIC) under the Ministry of Industries will import some 25,000 mts of bulk prilled (optional) urea fertilizer from Muntajat of Qatar at Tk 55.5891 crore.

The same quantity of bulk granular urea fertilizer will be imported by Bangladesh Chemical Industries Corporttion (BCIC) from Saudi Arabia's state-owned Saudi...