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Overview

China to set up North-West fertilizer company in Bangladesh

Commitment Year•2008Country of Activity•BangladeshDirect Recipient Country of Incorporation•BangladeshSector•Agriculture, Forestry, FishingFlow Type•Vague TBD

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Sep 16, 2008

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

  • Government of Bangladesh

Loan desecription

China to set up North-West fertilizer company in Bangladesh

Narrative

Full Description

Project narrative

In meetings with Bangladesh on September 16, 2008, China expressed interest in setting up cooperations to invest in and establish the North-West Fertilizer Factory in Sirajganj, Bangladesh. Chief Adviser Fakhruddin discussed China-Bangladesh relations as a friendship, and Bangladesh requested 560 million USD for the project, but China instead suggested a mixed credit scheme. As of April 2015, ministry officials have mentioned that the government still has plans to set this up.