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Concord Group

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Concord Group
Company typePublic
Industry
FounderS.M. Kamaluddin
HeadquartersDhaka, Bangladesh
Key people
Shahriar Kamal (MD -Group)
Number of employees
2500
SubsidiariesFantasy Kingdom
Websitewww.concordgroup.net

Concord Group is a Bangladeshi conglomerate.[1] The industries under this conglomerate include construction, real estate, architecture & design, communication, entertainment, hospitality, and garments. SM Kamaluddin is the chairman.[2]

History

Concord Group was founded in 1975.[3] Concord Group completed Fantasy Kingdom, a multimillion-dollar amusement park, in 2002 in Savar.[4] In 2004, the Government of Bangladesh leased the historic Foy's Lake to Concord Group for 50 years to develop into a resort and amusement park named Foy's Lake Concord..[5][6] In 2007, Concord Group started the construction of Police Plaza.[7] The shopping complex, Police Plaza was built in partnership with Bangladesh Police Welfare Trust of Bangladesh Police. The Plaza is located in Gulshan and was completed in 2015.[8]

Concord Group has set up the first satellite township in Bangladesh.[9] Also they constructed Bangladesh's first revolving tower in Chattogram.[10] Concord setup 7 world class theme parks in Bangladesh such as Fantasy Kingdom & Foy's Lake Complex.[11] They introduced Reinforced Concrete Block Masonry technology which is a better structural system for earthquakeprone zones.[9]

Controversy

The Department of Environment fined Concord Group 1.4 million taka for building a 12-storey and two 15-storey buildings without the departments permission.[12]

On 17 September 2015, the Bangladesh High Court required Concord to hand over an 18-story building built on land of Sir Salimullah Muslim Orphanage. It was determined that the contract used to acquire the land was illegal.[13]

Awards

BID international Quality Summit (IQS) Award 2010 in New York based on "Excellence, Innovation, Customer Satisfaction, Technology, Leadership Strategic Planning & Business Results".[14] They are recipient of 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.[15]

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

See also

References

  1. ^ Alam, Md Mahabub (30 July 2012). "Diversification of business: A strategic management perspective". The Financial Express. Dhaka. Archived from the original on 3 February 2013. Retrieved 30 January 2016.[dead link‍]
  2. ^ "World acclaim for Concord Engineers". The Daily Star. 15 July 2010.
  3. ^ "Concord celebrates 40th anniversary". The Daily Star. 17 May 2015. Retrieved 22 July 2018.
  4. ^ Lawson, Alastair (31 March 2002). "Bangladesh opens lavish theme park". BBC News. Retrieved 22 July 2018.
  5. ^ Hossain, Shahadat. "Foy's Lake not safe for tourists?". The Daily Star. Retrieved 22 July 2018.
  6. ^ IANS (25 March 2014). "Century-old Bangladesh lake now a theme park". Business Standard India. Retrieved 22 July 2018.
  7. ^ "Construction works of Police Plaza Concord begin". The Daily Star. 11 December 2007. Retrieved 22 July 2018.
  8. ^ "PM opens 'Police Plaza'". The Daily Star. 11 June 2015. Retrieved 22 July 2018.
  9. ^ a b "The Daily Star Web Edition Vol. 5 Num 278". archive.thedailystar.net. Retrieved 14 January 2020.
  10. ^ "Top of the World (Revolving Restaurant) - Chattogram". wikimapia.org. Retrieved 14 January 2020.
  11. ^ "Concord Group since 1972 | Daily sun". www.daily-sun.com. Retrieved 14 January 2020.
  12. ^ "DoE fines Concord Group Tk 14 lakh". The Daily Star. 15 August 2012. Retrieved 22 July 2018.
  13. ^ "Hand over Azimpur Concord building to orphanage: HC". The Daily Star. 17 September 2015. Retrieved 21 August 2017.
  14. ^ "Concord gets IQC award". Daily Sun. Retrieved 14 January 2020.
  15. ^ "Roll Of Honour". The Daily Star. 3 October 2015. Retrieved 14 January 2020.

Further reading

Retrieved from "https://en.wikipedia.org/w/index.php?title=Concord_Group&oldid=965831574"