China Extends $560 Loan to BD

[eastwatch]

The way Awami regime is making the country foreign loan dependent, there will be hundred of these type of loan. Now qiestion is indian dalal like eastwatch will open new thread to duck the fact about awami destruction of Bangladesh?

If Jamaat pays back the money it stole from the govt coffer, then we can build a new factory with that money.

 

[notsuperstitious]

South Asian Media Net

China offers Bangladesh $560m
Monday, May 31,2010

BEIJING: China has offered to lend Bangladesh $560 million to set up a fertiliser factory, a senior official said on Sunday. "China will give the loan from its concessionary window to build the Urea fertiliser factory in Sylhet, 280 kilometres (175 miles) northeast of capital Dhaka," said Musharraf Hussain Bhuiyan, secretary of the economic relations division at the finance ministry. The factory expected to be constructed by the end of 2014 will have a capacity to produce 1,750 tonnes of urea a day, the official told Reuters.

He said Bangladesh sought the loan at a recent joint economic commission meeting with China.

Beijing has agreed and conveyed the loan offer to the state-run Bangladesh Chemical Industries Corporation (BCIC), the official said.

Bangladesh needs around 3.0 million tonnes of urea annually, of which 1.8 million tonnes is met through domestic production while the rest is imported, mainly from China, Tunisia, Australia and a number of Gulf countries.

Good for BD. Hope Bangladeshis realise nothing is for free, but they should make sure its fair.

 

[SpArK]

So in other words it is not cost effective option..?are there better alternatives?

Urea and ammonium are nitrogen givers which is among the main 3 food for the plants. Ammonium nitrate and other ammonium based fertilizers are other options including the nitrogen , phosphate mixes. but the amount of niogen in urea is of greater quantity so its more feasable for farmers. I being a part time farmer can certify it and nitrogen is the main catalyst for promoting growth of vegetation while phosphate is responsible for flowering and fruiting.
In case o rice nitrogen is the main fertilizer and urea is the best as it contains around 46% of nitrogen in it .

 

[eastwatch]

Urea and ammonium are nitrogen givers which is among the main 3 food for the plants. Ammonium nitrate and other ammonium based fertilizers are other options including the nitrogen , phosphate mixes. but the amount of niogen in urea is of greater quantity so its more feasable for farmers. I being a part time farmer can certify it and nitrogen is the main catalyst for promoting growth of vegetation while phosphate is responsible for flowering and fruiting.
In case o rice nitrogen is the main fertilizer and urea is the best as it contains around 46% of nitrogen in it .

Many thanks for the educational post.

 

[najamkhan]

why would they do that looking at our country

---------- Post added at 04:46 AM ---------- Previous post was at 04:45 AM ----------

who are you buddy...i kinda dont like the way you describe things

 

[AZADPAKISTAN2009]

Eh lo ... $560 I can give bangladesh $600 karak dollar notes