Concord Group is a Bangladeshi conglomerate that was founded in 1973. The industries under this conglomerate include construction, real estate, architecture & design, communication, entertainment, hospitality, and garments.
History Concord Group was founded in 1973. In 2002, Concord Group built a multimillion-dollar amusement park in Savar called Fantasy Kingdom. In 2004, the Government of Bangladesh leased the historic Foy's Lake to Concord Group for 50 years to develop it into a resort and amusement park named Foy's Lake Concord. In 2007, Concord Group began construction work on a shopping Complex called Police Plaza, which was built in partnership with the Bangladesh Police Welfare Trust of the Bangladesh Police. The building is located in Gulshan Thana and was completed in 2015.
They set up the first satellite township in Bangladesh and constructed the country's first revolving tower in Chittagong. They constructed 7 world-class theme parks in Bangladesh including Fantasy Kingdom & Foy's Lake Complex. They introduced new technology involving reinforced concrete block masonry to serve as a better structural system for earthquake-prone zones.
Controversy The Department of Environment fined Concord Group 1.4 million taka for building 12-story and two 15-story buildings without their permission.
On 17 September 2015, the Bangladesh High Court requested that Concord hand over an 18-story building built on land occupied by the Salimullah Orphanage; said court determined that the contract used to acquire the land was illegal.
Awards Concord Group won the 2010 BID International Quality Summit (IQS) Award in New York based on "Excellence, Innovation, Customer Satisfaction, Technology, Leadership Strategic Planning & Business Results". They also received the Daily Star - DHL Bangladesh Business Award in the category: "Enterprise of the year 2000' in recognition of "Outstanding Leadership Quality and as Role model in Corporate Business in Bangladesh.” In 2022, they won a National Environment Medal for their contributions to environment protection and pollution control in Bangladesh.
Projects
The group's main business is real estate & construction. This organization has developed over 1,200 residential, Commercial property projects by 2023, including, private property, autonomous property, government projects and monuments.
+ Notable Projects by Concord GroupProject Name Project TypeAddressConstructionArchitectAuthorityReferences Start date End dateNational Martyrs' MemorialMonument Savar, Dhaka19821982Syed Mainul HossainGovernment of BangladeshMain passenger terminal & VVIP terminal buildings of Dhaka International AirportAirport Kurmitola, Dhaka1983Civil Aviation Authority of Bangladesh (CAAB)Singapore City Telecommunication Center BuildingCommercial building Singapore1986BEP Akitek Sdn BhdSingapore Telecommunications LimitedBangladesh Shilpa Bank BhabanCommercial building Motijheel, Dhaka19801983Syed Mainul HossainGovernment of BangladeshJanata Bank BhabanCommercial building Motijheel, Dhaka1985Syed Mainul HossainJanata BankJiban Bima TowerCommercial building Motijheel, Dhaka1983Jiban Bima CorporationShaheed Suhrawardy Indoor StadiumIndoor stadium Mirpur, DhakaBTV auditoriumAuditorium Rampura, DhakaTitas Gas BhabanCommercial building Kawran Bazar, DhakaIDB bhabanCommercial building Agargaon, DhakaFantasy KingdomAmusement park Savar, DhakaFoy's LakeAmusement park Chattogram, DhakaShaheed Zia Memorial Complex and Mini BangladeshAmusement park Chattogram, DhakaWorld Trade Center ChittagongCommercial building Chattogram, DhakaAugust 29, 2006January 30, 2016Chittagong Chamber of Commerce & Industry (CCCI)
List of companies and establishment dates
Late 1972: Concord Construction Co 1976-02-10 : Concord Engineers & Construction LTD 1983-03-05 : Jeacon Garments LTD 1988-07-31 : MNK Marbel & Tiles Technology LTD 1989-01-26 : Bangladesh Gypsum Products (pte) LTD 1989-01-28 : Modern Furniture & Interior Décor (pte) LTD 1989-02-12 : MNK Chemicals and Home Services LTD 1989-04-03 : Concord Condominium LTD 1990-07-29 : Concord Ready-Mix & Concrete Products LTD 1991-06-20 : Concord Fashion Export LTD 1994-28-04 : Concord Architects & Interior Décor LTD 1997-04-05 : Concord Real Estate & Building Products LTD 1999-05-09 : Concord Real Estate & Development LTD 2000-01-06 : Concord Pre-stressed Concrete & Block Plant LTD 2001-02-01 : Concord Entertainment Co. Ltd 2003-06-29 : Concord Architects & Engineers LTD 2003-08-03 : Concord Communication Co LTD 2008-01-03 : Concord Consortium LTD 2008-06-19 : Concord City Development LTD
See also List of companies of Bangladesh
References
Further reading