Concord Group

Concord Group is a Bangladeshi conglomerate,[5] founded on 1973.[3] The industries under this conglomerate are included construction, real estate, architecture & design, communication, entertainment, hospitality, and garments.

Concord Group
Established1973 (1973)[1]
TypePublic limited company
Location
Coordinates23°47′42.662″N 90°24′48.254″E
Fields
Key people
Subsidiaries
  • Concord Engineers & Construction Ltd.
  • Concord Real Estate & Building Product Ltd.
  • Concord Condominium Ltd.
  • Concord Real Estate & Development Ltd.
  • Concord Entertainment Co., Ltd
  • Concord Ready-Mix & Concrete products Ltd.
  • Concord Architects & interior Décor Ltd.
  • Concord Architects & interior Décor Ltd.
  • Concord Prestressed Concrete & Block Plants Ltd.
  • Concord Lands Ltd.
  • Concord Consortium Ltd.
  • Concord Communication Co. Ltd.
  • Concord City Development Ltd.
Employees
2500
Website
[2][3][4]

History

Concord Group was founded in 1973.[3] Concord Group completed Fantasy Kingdom, a multimillion-dollar amusement park, in 2002 at Savar.[6] In 2004, the Government of Bangladesh leased the historic Foy's Lake to Concord Group for 50 years to develop into a resort and amusement park named Foy's Lake Concord.[7][8] In 2007, Concord Group started the construction of Police Plaza.[9] The shopping complex, Police Plaza was built in partnership with Bangladesh Police Welfare Trust of Bangladesh Police. The building is located in Gulshan 1 and was completed in 2015.[10]

Concord Group has set up the first satellite township in Bangladesh.[11] Also they constructed Bangladesh's first revolving tower in Chattogram.[12] Concord setup 7 world class theme parks in Bangladesh such as Fantasy Kingdom & Foy's Lake Complex.[13] They introduced Reinforced Concrete Block Masonry technology which is a better structural system for earthquakeprone zones.[11]

Controversy

The Department of Environment fined Concord Group 1.4 million taka for building a 12-storey and two 15-storey buildings without the departments permission.[14]

On 17 September 2015, the Bangladesh High Court required Concord to hand over an 18-story building built on land of Sir Salimullah Muslim Orphanage. It was determined that the contract used to acquire the land was illegal.[15]

Awards

BID international Quality Summit (IQS) Award 2010 in New York based on "Excellence, Innovation, Customer Satisfaction, Technology, Leadership Strategic Planning & Business Results".[16] They are recipient of 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.[17] National Environment Medal-2022 for contribution to environment protection and pollution control.[18][19]

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.[20]

Notable Projects by Concord Group
Project Name Project Type Address Construction Architect Authority References
Start Date End Date
National Martyrs' Memorial Monument Bangladesh Savar, Dhaka 1982 1982 Syed Mainul Hossain Government of Bangladesh [21]
Main passenger terminal & VVIP terminal buildings of Dhaka International Airport Airport Bangladesh Kurmitola, Dhaka 1983 Civil Aviation Authority of Bangladesh (CAAB) [22][21]
Singapore City Telecommunication Center Building Commercial building Singapore Singapore 1986 BEP Akitek Sdn Bhd Singapore Telecommunications Limited [23][20]
Bangladesh Shilpa Bank Bhaban Commercial building Bangladesh Motijheel, Dhaka 1980 1983 Syed Mainul Hossain Government of Bangladesh [1]
Janata Bank Bhaban Commercial building Bangladesh Motijheel, Dhaka 1985 Syed Mainul Hossain Janata Bank [24]
Jiban Bima Tower Commercial building Bangladesh Motijheel, Dhaka 1983 Jiban Bima Corporation [24]
Shaheed Suhrawardy Indoor Stadium Indoor stadium Bangladesh Mirpur, Dhaka [24]
BTV auditorium Auditorium Bangladesh Rampura, Dhaka [24]
Titas Gas Bhaban Commercial building Bangladesh Kawran Bazar, Dhaka [24]
IDB bhaban Commercial building Bangladesh Agargaon, Dhaka [24]
Fantasy Kingdom Amusement park Bangladesh Savar, Dhaka [24]
Foy's Lake Amusement park Bangladesh Chattogram, Dhaka [25]
Shaheed Zia Memorial Complex and Mini Bangladesh Amusement park Bangladesh Chattogram, Dhaka

[26]

World Trade Center Chittagong Commercial building Bangladesh Chattogram, Dhaka August 29, 2006 January 30, 2016 Chittagong Chamber of Commerce & Industry (CCCI) [27]

List of companies and establishment dates
  1. Late 1972: Concord Construction Co
  2. 1976-02-10 : Concord Engineers & Construction LTD
  3. 1983-03-05 : Jeacon Garments LTD
  4. 1988-07-31 : MNK Marbel & Tiles Technology LTD
  5. 1989-01-26 : Bangladesh Gypsum Products (pte) LTD
  6. 1989-01-28 : Modern Furniture & Interior Décor (pte) LTD
  7. 1989-02-12 : MNK Chemicals and Home Services LTD
  8. 1989-04-03 : Concord Condominium LTD
  9. 1990-07-29 : Concord Ready-Mix & Concrete Products LTD
  10. 1991-06-20 : Concord Fashion Export LTD
  11. 1994-28-04 : Concord Architects & Interior Décor LTD
  12. 1997-04-05 : Concord Real Estate & Building Products LTD
  13. 1999-05-09 : Concord Real Estate & Development LTD
  14. 2000-01-06 : Concord Pre-stressed Concrete & Block Plant LTD
  15. 2001-02-01 : Concord Entertainment Co. Ltd
  16. 2003-06-29 : Concord Architects & Engineers LTD
  17. 2003-08-03 : Concord Communication Co LTD
  18. 2008-01-03 : Concord Consortium LTD
  19. 2008-06-19 : Concord City Development LTD

See also

References
  1. https://www.thedailystar.net/business/news/concord-excited-about-govt-move-phase-out-clay-bricks-1849597
  2. https://concordgroupbd.com/chairmans-message/
  3. https://books.google.com/books?id=4roYAAAAYAAJ&q=concord+group+bangladesh
  4. https://concordgroupbd.com/our-companies/
  5. Alam, Md Mahabub (30 July 2012). "Diversification of business: A strategic management perspective". The Financial Express. Dhaka. Archived from the original on 3 February 2013. Retrieved 30 January 2016.
  6. Lawson, Alastair (31 March 2002). "Bangladesh opens lavish theme park". BBC News. Retrieved 22 July 2018.
  7. Hossain, Shahadat. "Foy's Lake not safe for tourists?". The Daily Star. Retrieved 22 July 2018.
  8. "Century-old Bangladesh lake now a theme park". Business Standard India. IANS. 25 March 2014. Retrieved 22 July 2018.
  9. "Construction works of Police Plaza Concord begin". The Daily Star. 11 December 2007. Retrieved 22 July 2018.
  10. "PM opens 'Police Plaza'". The Daily Star. 11 June 2015. Retrieved 22 July 2018.
  11. "Lake City Concord opens". The Daily Star. Retrieved 14 January 2020.
  12. "Top of the World (Revolving Restaurant) - Chattogram". wikimapia.org. Retrieved 14 January 2020.
  13. "Concord Group since 1972". Daily Sun. Retrieved 14 January 2020.
  14. "DoE fines Concord Group Tk 14 lakh". The Daily Star. 15 August 2012. Retrieved 22 July 2018.
  15. "Hand over Azimpur Concord building to orphanage: HC". The Daily Star. 17 September 2015. Retrieved 21 August 2017.
  16. "Concord gets IQC award". Daily Sun. Retrieved 14 January 2020.
  17. "Roll Of Honour". The Daily Star. 3 October 2015. Retrieved 14 January 2020.
  18. "Concord wins 'National Environment Medal'". Dhaka Tribune. 7 June 2022. Retrieved 14 June 2022.
  19. "Concord wins national environment medal". The Daily Star. 9 June 2022. Retrieved 14 June 2022.
  20. https://www.daily-sun.com/magazine/details/190353/Concord-Group-since-1972
  21. https://www.pressreader.com/uk/newsweek-international/20220722/282248079264969
  22. https://concordgroupbd.com/
  23. https://www.smcon.co.jp/en/works/1986/01050000/
  24. http://www.goldenbusinessbd.com/content/962.html
  25. https://bdnews24.com/bangladesh/the-foy-s-lake-threatened-by-construction-of-amusement-park
  26. https://archive.thedailystar.net/2004/12/15/d412153501116.htm
  27. https://archive.thedailystar.net/2006/04/06/d60406050760.htm

Further reading
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