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Bangladesh Economy: News & Updates

Construction of one corporate tower in Gulshan
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Rupayan Karim tower
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Confidence tower
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20 storied SA tower and 18 storied BFD tower
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Lotus kamal tower 2
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600000 sq.ft international shopping plaza
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Casablanca Gulshan
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Crystal palace Gulshan
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and ongoing construction
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Delta life insurance tower construction
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. . .
On going/ Up coming projects in Chittagong......

01.Title of The Project: Development of Two-Level Highway along the bank of Karnafully river from Sadarghat to Kalurghat of Chittagong City.

Estimated Cost: TK. 580 crore(approx.) (US $ 100 million)

Brief Description: Development of Two-Level Highway along the bank of Karnafully river (from Sadarghat to Kalurghat) having different levels for light and heavy vehicles. The lower level road immediately above the tide level at the river side will be used for light vehicles movement and upper level road for heavy vehicle movement at the same time. Moreover, the lower level road will be used to serve the purpose of river side recreational activities along with boating and angling facilities for the city dwellers.

Length: 12 km. (approx.)
Width: 200 ft.
Cost/km: TK. 48 crore(approx.)

02.Title of The Project: Development of Elevated Expressway from Dewnhat to CEPZ of Chittagong City.

Estimated Cost: TK. 256 Crore(approx.) US $ 44 million

Brief Description: Development of Elevated Expressway/Fly-Over from Dewanhat to CEPZ (Chittagong Export Processing Zone) of the city aimed at mitigating traffic congestion in the main arteries of the city. The cost recovery of the project would be made from toll/tax collected from the vehicles using the Fly-Over/Expressway facility developed for the same.

Length: 8 km. (approx.)
Width: 48 ft. (4 lane)
Cost/km: TK. 32 crore(approx.)

03.Title of The Project: Development of Marine Driveway along the coastal Embankment of Chittagong City.

Estimated Cost: TK. 935 Crore(approx.) US $ 161 million

Brief Description: Development of 17 km. long Marine Driveway along the coastal Embankment of Chittagong City (having Mono-Rail Track at the country side).

Length: 17 km. (approx.)
Width: 6 lane roadway.
Cost/km: TK. 32 crore(approx.)

04.Title of The Project: Implementation of 10 MW Power Generation Projects in the city.

Estimated Cost: TK. 580 Crore(approx.) US $ 100 million

Brief Description: Implementation of 10 MW Power Generation Projects at different locations of the city on BOT basis to over come the prevailing "Load Shedding" problem in the city.

10 units Power Plant.

05.Title of The Project: Implementation of "Chittagong City Health Development Program" with 1000 bed Hospital.

Estimated Cost: TK. 630 Crore(approx.) US $ 108.5 million

Brief Description: Implementation of "Chittagong City Health Development Program" with 1000 bed Modern Hospital along with necessary health academic facility.

Area: 20 Acre (Approx.)

06.Title of The Project: High -rise Dormitories for the female Garment Workers near CEPZ in the city.

Estimated Cost: TK. 100 Crore(approx.) US $ 17.25 million.

Brief Description: Multistoried/High-rise Dormitories for female Garment workers near CEPZ in the city. One or Two room flats with individual attached bath and kitchen facility would be considered for this low-income working group.

Area: 20 Acre (Approx.)

07.Title of The Project: Development of Garment Village at Fateyabad, Chittagong.

Estimated Cost: TK. 1000 Crore(approx.) US $ 172.5 million.

Brief Description: Development of Garment Village on 1000 acres of land at Fateyabad, adjacent the Hathazari road (located at the northern outskirts of the city) would accommodate industrial plots along with necessary infrastructural and housing facilities for workers.

Area: 1000 Acre (Approx.)

08. Title of The Project: Construction of a "Five Star Hotel" at Tigerpass, Chittagong.

Estimated Cost: TK. 691 Crore(approx.) US $ 119.18 million.

Brief Description: Construction of a "Five Star Hotel" with Igloo type Shopping Mall on 60 feet high hill-top at Tiger Pass area of Chittagong city.

Area: 9.86 Acre

09. Title of The Project: Development of Resort Facility at the Sea-Beach area of Chittagong.

Estimated Cost: TK. 580 Crore(approx.) US $ 100 million.

Brief Description: Development of Resort Facility on 150 acres of land at Sea-Beach area of Chittagong City can Highlight the overall tourism industry in the same region which can be developed as an international standard recreational as well as beach facility such as - motels, shopping malls, restaurants, picnic spot, lake swimming pool, boating facility etc.

Area: 150 Acres (Approx.)

10.Title of The Project: Construction of 2 (two) "Observation Towers" at Patenga Sea-Beach, Chittagong.

Estimated Cost: TK. 300 Crore(approx.) US $ 52 million.

Brief Description: Construction of 2 (two) 200 feet high "Observation Towers" at Patenga Sea-Beach area having Cable-Car facility in between two towers for local as well as foreign tourists to observe sun-set in the beach.

Area: 5 Acre (approx.)

11. Title of The Project: Development of "Liberation Monument" at Batali Hill, Chittagong.

Estimated Cost: TK. 58 Crore(approx.) US $ 10 million.

Brief Description: Development of "Liberation War Monument" in the memory of Liberation War Martyrs of the country where tourist facilities such as Light and Sound, Museum Library, Revolving Restaurants, Fountains, Moving ramps towards Hill-Top would be provided to develop the historical "Batali-Hill" as the most attractive tourist place of the country.

Area: 8 Acres (Approx.)

12.Title of The Project: Satellite Town Project at Kalurghat.

Estimated Cost: Tk. 550 Crore(approx.) US $ 95 million

13. Title of The Project: Procurement of Equipment for Disaster prepared in Chittagong City.

Estimated Cost: Tk. 26 Crore(approx.) US $ 4.5 million

http://www.ccc.org.bd/ccc_projects.html
 
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Here is a list of *****5 STAR Hotel Projects in Cox's Bazar that are expected to be completed by 2014


1.Radisson
2.Marriot
3.Best Western Premier
4.The Cox Today
5.The Crown Pacific
6.The Cox Titanic
7.Seagull Hotel Tower
8.Green Delta Hotel
9.Hotel Golden Hill
10.Sea Pearl
11.RF World
12.RF White Sand
13.Ocean Green Hotel
14.Long Beach Hotel
15.De Royal Falcon
16.Hotel Blue Banshee 1
17.Hotel Blue Banshee 2
18.Hotel Sayeman
19.Japan Cox Hotel
20.Coral Reef Heritage
21.Coral Reef Plaza
22.AL-Riad International Hotel
23.Comfort Sea Star



Here are renders of some of those *****5 STAR Hotels


The Cox Today

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The Crown Pacific

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