Development of Shopping Mall with Hotel-cum-Guest House
at Bangladesh Railway Land near Chittagong Railway Station, Chittagong
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Details |
Project Name: |
Development of Shopping Mall with Hotel-cum-Guest House at Bangladesh Railway Land near Chittagong Railway Station, Chittagong |
Sector: |
Property Development |
Department/Ministry: |
Ministry of Railway |
Implementing Agency: |
Bangladesh Railway |
Location: |
Chittagong |
Estimated Capital Cost: |
$<6m |
Approval: |
Cabinet Committee on Economic Affairs approved the project on 29 December 2013. |
Background: |
Chittagong, a major city undergoing rapid industrial and commercial expansion with significant tourism activities, faces a shortage of standard hotels and shopping complexes despite its status as the second-largest city in Bangladesh, prompting Bangladesh Railway to propose a shopping complex-cum-guest house on PPP basis on its unused land near Chittagong station, aiming to meet the demand for accommodation and modern shopping facilities while optimizing commercial value and enhancing the overall user experience for rail passengers.
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Objective: |
The objectives of this project are:
To render standard accommodation and shopping facilities to the general people of Chittagong as well as BR’s employees.
To increase revenue earning potential of Bangladesh Railway.
To ensure more efficient utilization of Bangladesh Railway assets.
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Project Scope: |
Construction of commercial shopping complex-cum-guest house facilities
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Status: |
The project is in Development phase. |
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Note: |
CCEA approved (In Principle) on 29 December 2013
Private Partner: Epic Group |
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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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