Chittagong Development Authority (CDA) and Bangladesh Parjatan Corporation (BPC) will jointly construct a 20 storied Commercial Bhaban at the BPCs Motel Shoikat site on the Station Road in the city. A sum of Tk. 800 Million is likely to be spent in implementing the project, concerned sources said.
As the city of Chittagong plays a vital role in the commercial and tourism fields of the country, it deserves adequate tourism facilities including residential hotels of international standard as well as sufficient office space equipped with all modern facilities at the proper place for ensuring uninterrupted commercial activities.
Considering all these issues, it has been decided to construct a Bhaban of similar character at an important site like the Station Road in the City. The proposed Commercial Bhaban which is to be constructed over 0.9112 acres of land would have a hotel of international standard, restaurants, bar, conference hall, shopping complex, sufficient office-space for the local and foreign commercial establishments and all other amenities.
Moreover, being built beside the Chittagong Railway Station ,it would be convenient for the tourists to reach there.
here's the news article from few months back. I am sure the project is currently under construction.
PM opens World Trade Centre project in Chittagong today
The much-awaited construction works of the multi-million dollar project World Trade Centre (WTC), first of its kind in the country, start today in Agrabad Commercial Area here.
Building the World Trade Center (WTC) in Chittagong, a long-cherished dream of the business community, has been deferred over and over for reasons not known to any quarters.
He stressed the need for reshaping the country’s premier maritime port as the hub of global trade by enhancing its efficiency to the level of the popular seaports in the world. The WTC would attract more foreign investments in future to help expedite country's economy, CCCI President Saifuzzaman Chowdhury said at a press briefing yesterday.
Earlier, the CCCI and Concord Engineers and Construction Limited, a sister concern of Concord Group, signed a deal on April 5 this year for constructing the country's first-ever World Trade Center (WTC). Concord Engineers and Construction Ltd, which won the tender as the lowest bidder, is expected to complete the 20-storied WTC in three years, Saifuzzaman said, adding that the chamber had to pay US$ 2 lakh (around Tk 1.40 crore) to obtain the franchise of the WTC.
The WTC will be constructed at Agrabad in the port city at a cost of Tk 1410 million. The physical work of the 20-storied tower had already been started. Chamber sources said the WTC will have an international-standard convention hall, a five-star hotel, a large display and media centre, international club, food court, Sanua shopping mall, two modern swimming pools, helipad, a 400-vehicle-capacity underground parking lot, health club and banking facilities.
CDA plans to set up Butterfly Park, sea life aquarium
The Chittagong Development Authority (CDA) has taken a project to set up a Butterfly Park and sea life aquarium, first of its kind in the country, beside the city's newly built Patenga area.
The project, aimed to create open recreational space as well as to keep up natural environment harmonising with the sea, river, marine life, surrounding installations, landscape and topography, will also add passive amusement to the tourists particularly nature lovers.
The CDA have already invited a tender on August 23 from the reputed firms or individuals for setting up the Butterfly Park and sea life aquarium to be developed with basic objective of conservation of nature and biodiversity, a CDA engineer said.
But the CDA is yet to fix up the location of the project, as it would be kept in such form, which will add proactive recreational amenities by providing benches, pathways, walkways, car parks, refreshment, souvenir corner and landscape that suits the park and aquarium.
But initially it has been decided that the site will be located either adjacent to Chittagong International Airport or along side Dhaka-Chittagong highway at Baizeed, the sources said.
In line with the model of Malaysia and Singapore, it will cost Tk 1 crore for the Butterfly Park and Tk 5 crore for the sea life aquarium exclusive of developing other infrastructures, the sources said.
City planners, landscape architects and especially nature lovers hoped that the proposed exceptional park and aquarium would usher in a new avenue to the visitors from home and abroad, particularly to the people of the port city as well as commercial capital, who are in dire need of recreational facilities for years. There is no major recreational facility in the port city except the Foy's Lake and Patenga sea beach.
CDA will retain ownership of the land and extend other logistic supports but responsibility for maintenance, operation and promotion of the proposed Butterfly Park and aquarium will be entrusted upon the developer.
The park and aquarium will be leased out to the developers from which CDA will earn a smart amount of revenue each fiscal year.
Asian University for Women work begins in September
The construction of the Asian University for Women will begin in September at Pahartali in Chittagong involving an estimated $100 million with the assistance of the University for Women Support Foundation.
A memorandum of understanding to this effect will be signed between the government and the Boston-based foundation.
This was disclosed when a visiting foundation delegation led by its chairman Jack Meyer called on the education minister, M Osman Farruk, on Monday.
Farruk said the government was sincere in establishing the university for women and 130 acres of land had been given to the university foundation.
Jack Meyer said the design of the university had been finalised and the foundation would establish an office in Dhaka for monitoring the construction work.
He expressed the hope that the establishment of the university would enable women of different countries in Asia to acquire knowledge and to work as the focal point of women’s development.
Twenty-five per cent of the seats will be reserved for Bangladeshi students.
The academic activities of the university are expected to begin in September 2007.
The foundation chairman also called on foreign minister M Morshed Khan.
So far, the foundation has received $15 million initial contribution from the Bill and Melinda Gates Foundation and $20 million from Kuwait Foundation.
Commitments have been received from Qatar amir for $20 million, from USAID ($850,000), from the Open Society Institute ($450,000) and from Unocal Foundation ($50,000).
The Saudi Fund for Development, ICB, OPEC Fund, UNDP, UNESCO and some EU countries have also committed to support the foundation for establishing the university.
One hundred and four acres of land at Pahartali in Chittagong have already been acquired for the university.
Official sources said a committee of representatives from different levels of the government earlier carried a feasibility study in some districts to find out a location for the university.
The committee has finally recommended that the university be set up in Chittagong. The university will be modelled after the Asian Institute of Technology of Thailand.
The Asian Development Bank has made the effort to establish the university to produce efficient human resources through higher education of the women in the regions.
The Chittagong Development Authority has already taken up a Tk 33-crore project to build a six-kilometre, 120-feet wide connecting road; a one-kilometre bridge on the existing railway line will also be set up at a cost of Tk 8 crore.
A team of 10 engineers of US-based construction firm Elizabeth will be engaged in the overall activities, including the structural design of the university. The team is expected to reach Chittagong very soon.
Chittagong Chamber of Commerce and Industry president Amir Humayoon Mahmud Chowdhury, who is in charge of the local coordination of the project, said a new township and a high-tech village will also be developed centring the university campus.
The university, slated to open in 2008, will admit 25 per cent of its students from Bangladesh and the remaining 75 per cent from other countries in Asia, Chowdhury said.
The university will be the second international standards institution for women in Asia after the one in Thailand and the first of its kind in Asia.
The Bangladesh Consultants Ltd, a consulting firm of the Jamuna Multipurpose Bridge, has been entrusted with the responsibility of supervising the construction works of the university, the sources said.
The university will be international in scope and committed to serving women in Asia from all religious, ethnic and socioeconomic backgrounds, with a particular focus on women from marginalised and underserved communities.
The university will provide opportunities for women to study information technology, environmental engineering, sustainable development, management, education and public policy, the online release said.
It will also offer a five-year joint BA/MA course that will combine a broad liberal arts and science foundation with professional training.
It will also offer up to a year of prematriculation training in English, math and computers for promising students who require additional training in those fields for university entrance.
The first stage of the master plan will ascertain space requirements for the campus, number and types of classrooms, student and faculty housing, support facilities and other things.
The construction of the university will get under way in 2006, said the website of the New York-based Asian University for Women Support Foundation.
Earth-filling work for construction of 308-bed Imperial Hospital is progressing fast to make the first-ever general hospital of international standard in the port city to be operational in 2008.
The lenders and stakeholders of Imperial Hospital Project at a meeting here last week discussed various aspects of the project and expressed satisfaction over the progress made so far towards its implementation, sources said.
The hospital aims at delivering specialised treatment such as cardiology, nephrology, neonatology, neuro-surgery, orthopedics, oncology and internal medicine in Chittagong.
The project includes a full fledged outpatient department with 40 independent consulting clinics to take care of 1000 patients a day, full range of diagnostic facilities, a Nursing Training Institute with a capacity of enrolling 50 students a year, a dormitory for 250 nurses and a patient attendants' dormitory (hotel), sources said.
"With a view to providing international standard healthcare service, the Imperial Hospital Limited (IHL), a joint venture of Chittagong Eye Infirmary and Training Complex (CEITC) and Ispahani Group of Companies, is constructing the hospital on 7.30 acres of land at Pahartali in the port city," said IHL Chairman Prof Rabiul Husain.
Mirza Salman Ispahani of Ispahani Group is the managing director of IHL, is a public limited company in Chittagong with an authorised capital of Tk 100 crore.
The total cost of the project, including the Nurses Training Institute, is around Tk 350 crore. M/S Kaplan McLaughlin Diaz (KMD), a USA-based healthcare, architectural and engineering consultant engaged for the design and drawing work, is at the final stage of the schematic design of the hospital project.
Salman Ispahani said the project is expected to provide employment opportunity for around 1200 people of different categories. The hospital will provide treatment to 10 per cent of the patients free of cost.
He said senior consultant physicians as well as highly trained and experienced nurses and technical hands will be recruited from abroad to ensure healthcare services of international standard.
The Netherlands Development Finance Company (FMO), besides its participation in the equity, will have responsibility of the lead arranger of all loan components both local and international.
Trinity Health International, the third largest healthcare group in the USA with staff strength of 47,000, will run the institution that would have its own independent uninterrupted power generation and supply, they said.
World-class hospital work goes on Training institute for nurses planned
The Chittagong Eye Infirmary and Training Complex Trust and the Ispahani Group of Companies have undertaken a Tk 350-crore project to set up a world-class hospital in Chittagong.
A two-day meeting of the lenders and stakeholders of the proposed Imperial Hospital Limited was held in the in the eye infirmary auditorium on Wednesday. A news briefing followed the meeting.
The chairman of the proposed hospital, Rabiul Husain, said the hospital would be set up to deliver standard healthcare services in Chittagong.
He said the hospital would provide treatment for 1000 patients in its cardiology, nephrology, neonatalogy, neurosurgery, orthopaedic, oncology, and medicine departments. He said the authorities also planned to set up a training institute for nurses.
‘Senior consultant physicians and trained and experienced nurses, and technical hands will be recruited from abroad in the initial years to ensure world-class healthcare services,’ he said.
Rabiul said the construction had already begun at Pahartali, on the outskirts of the city, and the hospital is expected to go into operation by the third quarter of 2008.
The managing director of the hospital, Mirza Salman Ispahani, representatives from United States-based Architectural Project Management and Operational Management Group and investing firm Netherlands Development Finance Company, Arno PJ de Vette, David Vellinga, Bob Beyer, Whim H Griep, Mahmudul Islam, Mohinder Singh Dutt, Larry Parrett, Mark Brito, Kevin Stansbury and Mahmood Malik also attended the briefing.
The Chittagong Port Authority has taken a Tk 200 crore project to construct a five-kilometer flyover for faster cargo transport and for easing traffic congestion in the city.
The CPA will construct the flyover from the Barik Building crossing to the Export Processing Zone gate on its own expenditure, said sources in the CPA adding no toll would, however, be collected from the public transports for using the flyover.
On completion of the project, the existing road stretch from the Barik Building crossing to the EPZ gate would be reserved only for the vehicles carrying goods to and from the port, the sources said.
More than 5,000 trucks and lorries and several thousand public transports ply on the route everyday causing severe traffic congestion and it takes almost two hours to pass the two-km road stretching from the Barik Building crossing to the Customs crossing because of the tailback.
The Chittagong Development Authority has undertaken a Tk 40-crore project to construct a flyover at the GEC crossing to ease the traffic congestion in the city.
The 2.5-kilometre flyover will stretch from the Prabartak crossing to Jakir Hossain Road, sources in the CDA said. ‘We are making efforts to launch the project in the current fiscal year,’ an official said.
On completion of the project, buses and trucks to and from Dhaka, Comilla and Noakhali can easily enter the city, bypassing the busiest GEC crossing, the sources added saying that it will reduce the time-consumption of the inter-district buses and trucks, and make the vehicular movement at the GEC crossing easier.
The CDA chairman, Shah Mohammad Akhtaruddin, said they would implement the project with their own funds. ‘The implementation of the project is likely to be started in the current financial year.’
The flyover will not only ease the traffic congestion at the GEC crossing, but also in the city, the chairman said.
Chittagong Development Authority to establish two satellite towns
The Chittagong Development Authority has undertaken a housing project to set up two ‘satellite’ towns in the city at a cost of Tk 800 crore with a view to reducing the housing problem of the dwellers.
CDA sources said one of the two proposed towns, Ananya, would be established on 350 acres of land on Oxygen-Kuaish Road at a cost of Tk 600 crore.
Tk 300 crore out of the total would be spent to acquire land for building the proposed town which would house 5,000 residential plots.
Another satellite town, Kalpalok, would be set up on 90 acres of land beside the existing Kalpalok Residential Area and it would house 1,000 residential plots.
The CDA estimated that they would need Tk 200 crore to set up the satellite town, Kalpalok, of which Tk 120 crore would be spent for the land acquisition.
The authority would establish schools, colleges, hospitals, community centres, shopping malls, kitchen markets and other necessary institutions at both the proposed towns to ensure all sorts of civic amenities for the dwellers.
Playgrounds and mini-parks would also be set up at the satellite towns for the amusement of the children. Besides, the dwellers of the satellite towns would be provided with strict security.
The CDA chairman, Shah Mohammad Akhteruddin, said they had already received the approval from the ministry to establish the satellite towns and started acquiring the land to implement the project.
‘We should initiate the construction of the satellite towns without any delay after completing land acquisition,’ he said adding that they would be able to hand over the plots to the plot owners by two years.
He said they might not be able to provide the dwellers with all the facilities pledged by them from the very begging. ‘We will establish a number of educational institutions at the towns in phases.’
The chairman hoped that the housing problem in the city would be reduced significantly on completion of the giant project adding that they would select the plot owners through a raffle draw at an open function to ensure transparency.
With a view to ensuring planned urbanisation and housing needs of the city-dwellers, the Chittagong Development Authority (CDA) has taken up a new project titled "Ononya Housing Project" at a cost of around Tk 2.85 billion, the CDA sources said.
Situated on 169 acres of land at Chandgaon area, the project would provide accommodation to over 1500 families upon its implementation. Prices of the allotted land would remain within Tk. 0.3 million to 0.4 million per katha enabling the low and middle-income groups of people to meet their housing needs.
The project would be well-equipped with all amenities like that of the previous housing projects of the CDA. With this end in view, a 60 feet wide Oxygen-Kuwaish Link Road is now under construction. A 6.0 kilometre long road would link Oxygen with the Kaptai road providing easy and quick movement of heavy vehicles.
Construction of major portion of the road has already been finished and the remaining work is likely to be completed by the current fiscal.
According to the CDA sources, the project profile of 'Ononya Housing Project' is awaiting approval of the concerned authorities and upon obtaining the approval, the task of acquisition of land would begin.
Affected owners of the land would be properly compensated. Some plots would be allotted in favour of those whose land have been acquired. With the implementation of Ononya Housing Project, needs of the city-dwellers for housing would be met to some extent, the CDA sources added.
Chittagong Development Authority (CDA) has decided to build another housing project involving around Tk 2.50 billion, sources said.
One thousand plots are likely to be allotted in this housing project entitled "Ananya" at Chandgaon area in the port city.
Sources said, 180 acres of land have been earmarked for implementing the project. The government has already accorded permission for acquisition of 116 acres of land. The task of obtaining approval for acquisition of the rest, is now under process.
According to the CDA sources, on completion of related formalities, application would be invited from the intending buyers.
Non resident Bangladeshi applicants would be given priority, sources said.
CDA already allotted around 1,500 residential plots in its Kalpaloke 1st and 2nd phase programme last year.
With the implementation of "Ananya" housing project, increasing housing needs of the people of the port city would be resolved gradually, sources claimed.
The Chittagong Development Authority has undertaken a Tk 40 crore project to construct a flyover at GEC Crossing to ease traffic congestion in the port city.
Sources in the CDA said that they would construct the 2.5 kilometre flyover from Prabartak Crossing to Jakir Hossain Road, adding that they were optimistic of initiating the construction work at the beginning of the next fiscal year.
On completion of the project, according to the sources, buses and trucks to and from Dhaka, Comilla and Noakhali can enter the city bypassing the busiest GEC crossing.
Also, it would significantly save time of the inter-district buses and trucks alongside making the vehicular movement easier at the crossing.
Traffic congestion has not only become a common feature at different parts of the city but also at the GEC Crossing in recent times, sources in the traffic department said. But vehicular movement on an area from Bahadderhat to Barik Building Crossing would be easier after the construction of the flyover.
The CDA chairman, Shah Mohammad Akhtaruddin, said they will implement the project on their own funds, adding that its implementation is likely to be initiated by the first quarter of the forthcoming fiscal year.
‘The flyover will not only ease the congestion at the GEC Crossing but also play a vital role in bringing order in the city’s overall traffic system,’ the chairman said.
Construction of the road connecting the Dhaka-Chittagong Highway with the Baizid Bostami Road involving Tk 40 crore is nearing completion.
The Chittagong Development Authority sources said the connecting road will stretch from Fauzderhat Cadet College point of the highway to the General Steel Mill at Baizid Bostami and the project was initiated in March 2005 and the rest of the work has been going on in a full swing.
The six-kilometre long and 120-feet wide road will have a long flyover at its middle point to cross over the railway , the sources said, adding that construction of the flyover would be initiated within a few of weeks.
CDA chairman Shah Mohammed Akhterudin said more than 70 per cent construction of the road had already been completed adding that they were expecting to accomplish the project by the end of the current calendar year.
‘A large number of vehicles to and from Cox’s Bazar, Rangamati, Khagrachari and Bandarban districts will be able to bypass the city after the implementation of the project,’ he said adding that it would help ease the traffic congestion in the city.
The Authority sources said they have spent Tk 15 crore for acquiring lands and the road was being constructed involving Tk 12 crore adding that a flyover would be constructed involving Tk 13 crore at the middle point of the road.
According to the sources, the Authority has undertaken six other projects involving more than Tk 200 crore for putting an end to traffic jam in the city adding that all of these projects would be accomplished by the next two years.
The projects include construction of a flyover at the GEC crossing, a new road stretching between New Market and Shah Amanat Bridge connecting Sadarghat area and setting up of an automatic traffic signal in the city.
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