Establishment of Intl. Standard Tourism Complex at Existing Motel Upal Compound of BPC at Cox’s Bazar. |
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Details |
Project Name: |
Establishment of Intl. Standard Tourism Complex at Existing Motel Upal Compound of BPC at Cox’s Bazar. |
Sector: |
Tourism |
Department/Ministry: |
Ministry of Civil Aviation and Tourism |
Implementing Agency: |
Bangladesh Parjatan Corporation (BPC) |
Location: |
It is located close to the beach front in Cox’s bazaar in the zone of Holiday Complex over |
Estimated Capital Cost: |
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< $6m
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$6-30m |
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$30-80m |
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$80-200m |
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$200-500m |
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> $500m |
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Approval: |
Cabinet Committee on Economic Affairs approved the project on 27 August 2014. |
Background: |
Cox’s Bazar is a major tourist attraction site in Bangladesh attracting millions of visitors every year. In the winter of 2010, an average of more than 150,000 visitors per day visited Cox’s Bazar (source: The Daily Star, March 7, 2013). In response to the increasing demand from tourists a number of hotel and motels have started to be set out and are operating in Cox’s Bazar. However, out of these only few hotels are of 5 star standards.
BPC is currently operating a hotel establishment, Motel Upal, which was established as a 24 key motel. It is located close to the beach front in Cox’s bazaar in the zone of Holiday Complex over an approximate of 5.76 acres of land. BPC wishes to re-develop this complete site in order to establish an international Standard Hotel facility on a PPP model.
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Objective: |
The objectives of this project are:
• To provide an international standard 5-star standard hotel facility for the commercial and tourism travelers visiting Cox’s Bazar.
• To ensure more efficient utilization of BPC assets.
• To increase revenue earning potential of Bangladesh Parjatan Corporation. |
Project Scope: |
Construction of a 5 Star standard Hotel facility
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Indicative Timing: |
Development Period: 2014 - 2015
Procurement Period: 2015 - 2018 |
Transaction Advisor: |
Feedback Infra Private Limited |
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Status: |
Procurement Stage
(Bidding Phase) |
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Contact: |
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Director (Investment Promotion)
E-mail:
Phone: +88 02 55007420
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Public Private Partnership Authority
Plot: E, 13-B, 1st Floor, Sherebangla Nagar
Agargaon, Dhaka-1207
Bangladesh
Phone: +88 02 55007421 |
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(Last updated 1 September 2020; subject to further revision.)
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