SANGSAD BHABAN, Sept 5, 2023 (BSS) - The government has taken an initiative
to set up a new modern fertilizer factory with a capacity of producing 2,800
tonnes of urea fertilizer in a day aiming to meet the ever increasing demand
of urea fertilizer.
 
Industries Minister Nurul Majid Mahmud Humayun said this while responding to
a star-marked question brought by treasury bench lawmaker Morshed Alam of
Noakhali-2 during the question-answer session held at the Jatiya Sangsad here
today with Speaker Dr Shirin Sharmin Chaudhury in the chair.

"The construction would cost over Taka 15,500.20 crore...over 80 percent
works of the project have been completed", said the minister at the House.
Financial progress exceeded over 71 percent.

The construction of the factory scheduled to be ended in June, 2024.
 
In addition to this, the government already has completed Pre-feasibility
study to set up a urea fertilizer factory at the northern region of the
country aiming to reduce import dependency of urea from abroad.

The next initiative of fertilizer factory construction will be taken after
considering availability of the natural gas, the minister added.