Market and product

ISLAMABAD: To meet country’s fertilizer future requirements, Pakistan badly needed to establish at least two more fertilizer plants to meet the shortfall of fertilizer in the future, said Federal Minister for Industries and Production Mir Hazar Khan Bijarani while chairing a meeting to discuss strategy for establishment of new fertilizer plants in the country.

Chairman NFC and high officials of the ministry attended the meeting. The NFC Chairman briefed the minister of all aspects about the establishment of new fertilizer plants. After the briefing, the minister said the country was desperately in need of at least two more plants of urea and DAP as billions of rupees were being spent from the

national exchequer on the import of urea. Pakistan, being an agricultural country, must be self–sufficient in the domestic production of fertilizers. The infrastructure must be available for the establishment of new fertilizer plants, the minister added.

It was decided in the meeting that a comprehensive proposal regarding the establishment of two more new fertilizer plants may be prepared after a complete study and submitted to an already formed Inter-Ministerial Committee on National Fertilizer Strategy (NFS) comprising Minister for Industries and Production, Minister for Petroleum and Natural Resources, Minister for Food and Agriculture and Minister for Water and Power.

After the approval of the NFS Committee, the proposal would then be submitted to ECC for its formal approval report.

(Source: www.dailytimes.com.pk)