• Source: Concord Group

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.




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


Khan, Kawsar (12 February 2009). "Let's drift out of Dhaka". The Daily Star. Archived from the original on 1 February 2016. Retrieved 31 January 2016.

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