CaPtAiN_pLaNeT
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hasina took a wrong decision, she took a wrong decision...just think how much land will be ruined and even though new dhaka but the city will not help... they will also get over populated on the other hand i don't think the cities will be big enough to contain people.
ya why they need sovereign guarantee? It sound fishy! Allah save us...
I personally think that here sovereign guarantee will mean Government will give them right to do implement the project absolutely in their own way in the specified land and no other government will try to take over the project and if they do then government will have to pay the amount they invested with interest.
I personally think that no government will take responsibility if they face a loss for not selling of the flats or if they face losses for their faulty business policies or if they fail to pay installments to the investors.
It is not necessary that giving sovereign guarantee Bangladesh government will take every responsibility but can take responsibility only in certain conditions. I think that there will be some other clauses also regarding how much profit sahara can take out from the project.
If proper negotiation is done then only in certain condition the sovereign guarantee can be given considering the amount they are investing.