The government has planned to establish three new fertilizer factories in Bhola, Chattogram, and Narsingdi to increase domestic fertilizer production. Among these, the proposed plant in Bhola will have a daily production capacity of 1,700 metric tons of urea, Chattogram will produce 400,000 metric tons of TSP annually, and Palash in Narsingdi will produce 24,000 metric tons of Urea Formaldehyde-85 (UF-85) annually.
According to relevant officials of the Ministry of Industries, implementing this plan by the Bangladesh Chemical Industries Corporation (BCIC) will increase domestic production capacity and reduce reliance on import. It will also strengthen supply in the agricultural sector and create new employment opportunities.
BCIC reported that due to low domestic production against the massive demand for urea, TSP, and DAP fertilizers in the 2025-26 fiscal year, most of the demand is met through imports. Considering the high subsidies provided by the government, special emphasis is being given to increasing production and modernizing existing plants.
Reported by 6 outlets. See the original sources below for full details.
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