Prime Minister Sheikh Hasina lays the foundation stone of Shahjalal Fertilizer Factory at Fenchuganj in Sylhet on Saturday.
Prime Minister Sheikh Hasina laid the foundation stone of Shahjalal
Fertilizer Factory at Fenchuganj in Sylhet on Saturday with a target to
produce 1,760 tonnes of urea daily (yearly around 5.81 lakh tonnes) to
meet the growing demand of urea fertiliser for agriculture.
Addressing
a function on the occasion, the prime minister said a large bulk of the
demand of urea for agriculture could be met from the factory reducing
import of around six lakh tonnes of urea a year.
The
granular urea fertiliser manufacturing factory is being constructed at a
cost of around Tk 5,409 crore, of which, Tk 3,986 crore would be
provided by the Chinese Government.
Bangladesh government signed a framework agreement with China during Hasina's visit to Beijing in March 2010.
Under the agreement construction work of the factory would be completed in 38 months.
"With
commencing the implementation work of the fertiliser project, a
long-cherished dream of the people of this region has been fulfilled.
Three more fertiliser factories would be constructed in the country,"
the prime minister said.
She extended her sincere thanks
to the government officials concerned and Chinese government and people
for their sincere cooperation to start the implementation of the
project.
With Industries Minister Dilip Barua in the
chair, the function was addressed, among others, by Finance Minister AMA
Muhit, PM's advisor Towfiq-e-Elahi Chowdhury, Mahmudus Samad Chowdhury,
MP, and Chinese Ambassador in Bangladesh Li JUN.
Hasina
said all of the six urea fertiliser factories in the country became very
obsolete reducing their production capacity. Every year the country
needs to import around 15 to 20 lakh tones urea spending huge foreign
currencies.
She said country's first urea fertiliser
factory was set up at Fenchuganj in 1961 with a capacity of producing
about 1.06 lakh tonnes of urea annually. In course of time, she said,
the factory became outdated reducing its production capacity but
increasing operating costs.
"We should have replaced it
with a modern and environment friendly one much before, but,
unfortunately no previous government took the initiative," she said.
Referring
to the closure of a large number of mills and factories including the
Adamjee Jute Mills and eight BCIC factories during the regime of
BNP-Jamaat alliance government, she said the present government, after
taking office, has taken steps to reopen the mills and factories.
Chittagong
Chemical Industries, Khulna People's Jute Mills, and Qaomi Jute Mills
in Sirajganj have already resumed production, she said adding "reopening
of the factories has fulfilled a long cherished demand of the people."
Earlier, the premier inaugurated the commissioning of the second unit of 90MW Fenchuganj combined power plant.
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