Prime Minister Sheikh Hasina today unveiled the foundation stone of Ghorashal Palash Urea Fertiliser Project in Narsingdi district with an aim to produce 9.24 lakh metric tons fertilisers annualy.
The premier joined the project unveiling ceremony virtually from her official residence Ganabhaban here, reports BSS.
She also inaugurated the newly constructed 14-storey head office building of Bangladesh Small and Cottage Industries Corporation (BSCIC) in the city's Tejgaon industrial area at the same function.
Apart from this, Sheikh Hasina opened three other development projects in three separate places, including Expansion of Madaripur BSCIC Industrial Estate.
Two other projects are - Establishment of Tools Institute under Bangladesh Industrial Technical Assistance Center (BITAC)and Establishment of LED light Assembling Plant under the Bangladesh Steel and Engineering Corporation (BSEC).
The inaugural functions took place at Ghorashal Palash Urea Fertilizer Project in Narsingdi and Bangabandhu International Conference Centre (BICC) in the capital.
With Industries Minister Nurul Majid Mahmud Humayun in the chair at Ghorashal end, Bangladesh Chemical Industries Corporations Chairman Shah Md. Imdadul Haque delivered the welcome address.
State Minister for Industries Kamal Ahmed Mojumder and Secretary of the ministry Zakia Sultana spoke at the BICC end.
Japanese Ambassador to Bangladesh ITO Naoki also spoke at Ghorashal end.
At the outset of the ceremony, a video documentary on these projects was screened. Later, the cover of a book on Bangabandhu's thought regarding industrialization published by the Industries Ministry was unveiled.
The Taka 10,460-crore Ghorashal Urea Fertiliser project got nod of the Executive Committee of the National Economic Council (ECNEC) in October, 2018 to set up a new urea factory with an annual production capacity of 9.24 lakh metric tons.
Currently, the two factories there -- Ghorshal Urea Fertiliser factory and Palash Urea Fertiliser Factory -- are annually producing 3.15 lakh metric tons fertilisers.
BCIC Chairman Shah Md Imdadul Haque, in his welcome speech, said once the project is implemented, the import of fertilizer will decline by up to 56 percent while the country will not require import of urea fertilizer since 2025.
The environment-friendly factory is being set up with the help of Japan and China, he said.
The BCIC is implementing the project to set up a granular urea factory at Palash, adjacent to the existing two factories, with a daily production capacity of 2,800 metric tons.
Of the project cost, Taka 1,844 crore will come from the national exchequer while the rest Tk 8,616 crore from bidders.
Besides, the 14-storey eco-friendly skyscraper for BSCIC Head Office was constructed at the cost of Taka 84 crore in order to ensure a better work environment and bring dynamism in the operation of the corporation.
The 126,900-sq feet multi-storied building will house the BSCIC head office, regional office and project offices. Solar system and rainwater harvesting system are there in the modern tower.