Concord Group

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

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

References

References

1. Parvez, Sohel. (5 January 2020). "Concord excited about govt move to phase out clay bricks".
2. "Chairman's Message".
3. (1 June 1993). "Tall Buildings in Bangladesh". Institution of Engineers Bangladesh, Institute of Architects Bangladesh, [and] Bangladesh Institute of Planners.
4. "Our Companies".
5. Alam, Md Mahabub. (30 July 2012). "Diversification of business: A strategic management perspective". The Financial Express.
6. Lawson, Alastair. (31 March 2002). "Bangladesh opens lavish theme park". BBC News.
7. Hossain, Shahadat. "Foy's Lake not safe for tourists?". The Daily Star.
8. (25 March 2014). "Century-old Bangladesh lake now a theme park". Business Standard India.
9. (11 December 2007). "Construction works of Police Plaza Concord begin". The Daily Star.
10. (11 June 2015). "PM opens 'Police Plaza'". The Daily Star.
11. "Lake City Concord opens". The Daily Star.
12. "Top of the World (Revolving Restaurant) - Chattogram".
13. "Concord Group since 1972". Daily Sun.
14. (15 August 2012). "DoE fines Concord Group Tk 14 lakh". The Daily Star.
15. (17 September 2015). "Hand over Azimpur Concord building to orphanage: HC". The Daily Star.
16. "Concord gets IQC award". Daily Sun.
17. (3 October 2015). "Roll Of Honour". The Daily Star.
18. (2022-06-07). "Concord wins 'National Environment Medal'". Dhaka Tribune.
19. (2022-06-09). "Concord wins national environment medal". The Daily Star.
20. (December 2016). "Concord Group since 1972".
21. "Concord Group".
22. "Concord Group - Leading Real Estate & Construction Conglomerates".
23. "Singapore City Telecommunication Center Building | Office Buildings | WORKS | Sumitomo Mitsui Construction Co., Ltd.".
24. "S.M.Kamaluddin - Golden Business Bangladesh".
25. "The Foy's lake threatened by construction of amusement park".
26. "The Daily Star Web Edition Vol. 5 Num 200".
27. "The Daily Star Web Edition Vol. 5 Num 660".