Development of Shopping Complex-cum-Guest House on PPP Basis at Bangladesh Railway Land in Khulna |
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Details |
Project Name: |
Development of Shopping Complex-cum-Guest House on PPP Basis at Bangladesh Railway Land in Khulna |
Sector: |
Property Development |
Department/Ministry: |
Ministry of Railway |
Implementing Agency: |
Bangladesh Railway |
Location: |
Khulna |
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 for Economic Affairs approved the project on 27 August 2014. |
Background: |
Khulna is one of the old district headquarters which has the second port of the country at Mongla and the world famous Shundarban, the largest mangrove forest of the world. Khulan has been expanding rapidly in terms of industrial and other commercial activities. It also has significant tourism based activities and attracts domestic and international businesses as well as visitors. However, there has been an acute shortage of standard accommodation facilities in Khulna. With increasing purchasing power of the people of the city, it also requires enhanced and modernized shopping facility. Within this demand and with the objective of realizing optimum commercial value from the unutilized land, Bangladesh Railway has proposed a shopping complex-cum-guest house on PPP basis on BR’s unused land in Khulna. Bangladesh Railway (BR) has earmarked an area of approximately 1.75 acres of land for this project.
Moreover, development of commercial shopping complex-cum-guest house facilities within the station area will enhance the user experience of rail passengers by providing an integrated and enhanced range of railway station facilities and services. Integration of standard shopping and accommodation facilities as part of overall station complex will also ensure existing station assets (i.e car parking, common spaces, restrooms etc.) are utilized more efficiently.
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Objective: |
The objectives of this project are:
• To render standard accommodation and shopping facilities to the general people of Khulna as well as BR’s employees.
• To increase revenue earning potential of Bangladesh Railway.
• To ensure more efficient utilization of Bangladesh Railway assets. |
Project Scope: |
Construction of commercial shopping complex-cum-guest house facilities
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Indicative Timing: |
Development Period: 2013 - 2015
Procurement Period: 2015 - 2019 |
Transaction Advisor: |
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Status: |
The project is in Development phase. |
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Note: |
- CCEA approved (In Principle) on 27 August 2014
- Detailed Feasibility Study Completed on 18 March, 2018
- IFB Issued on 31 December, 2020. |
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Contact: |
Md. Ali Azam Al Azad
Director (Investment Promotion)
Phone: +88 02 55007418
E-mail: dirip@pppo.gov.bd |
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 20 February 2024; subject to further revision.)
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