Bashundhara Group

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Bashundhara Group
Conglomerates
Industry Real Estate Manufacturing
Founded 1987; 30 years ago (1987)
Headquarters Pushpanjali, Bashundhara Convention Center Road, Dhaka, Bangladesh
Products Cement, Tissue, Media, LPG, Paper, Real Estate, Shopping Mall, Steel
Number of employees
Over 15000
Website bashundharagroup.com

Bashundhara Group[1] (Bengali: বসুন্ধরা গ্রুপ) is one of the largest industrial conglomerates of Bangladesh.[2] It began in 1987[3] as a real estate company venture under the name East West Property Development Ltd (EWPD). The first project of EWPD turned out to be very successful. After then, the company grew very quickly. It presently owns more than 20 major concerns located throughout Bangladesh.

History[edit]

Bashundhara Group (founded by Ahmed Akbar Sobhan and present Chairman[4]) began in 1987 as real estate venture. Shafiat Sobhan Sanvir is the Vice Chairman of Bashundhara Group.[5] After its first successful project, Bashundhara invested in new fields, including manufacturing, industry and trading. More enterprises were established in the early 1ir990s; these included cement, paper, pulp, tissue paper and steel production, as well as LP Gas bottling and distribution. Court orders Bashundhara Group officials to surrender [6] Bashundhara chairman sued for 'fraud'[7] Bashundhara received permission from Bangladesh Economic Zones Authority to Set up two specialized economic zones in Keraniganj, Dhaka, Bangladesh.[8]

Enterprises[edit]

Bashundhara Group now operates over 20 major concerns:

  1. East West Property Development (Pvt) Limited[9]
  2. Meghna Cement Mills Limited[10]
  3. Bashundhara Paper Mills Limited[11]
  4. Bashundhara LP Gas Limited[12]
  5. Bashundhara City Development Limited[13]
  6. Bashundhara Steel Complex Limited[14]
  7. Bashundhara Industrial Complex Limited[15]
  8. Bashundhara Steel And Engineering Limited[16]
  9. Bashundhara Logistics Limited[17]
  10. Bashundhara Foundation[18]
  11. Bashundhara Convention Center[19]
  12. Bashundhara Dredging Company Limited[20]
  13. Bashundhara Technical Institute[21]
  14. Bashundhara Telecommunications Network Limited[22]
  15. Bashundhara Food and Beverage industries Limited[23]
  16. Sundarban Industrial Complex Limited[24]
  17. Bashundhara Cement Industries Limited[25]
  18. East West Media Group[26]
  19. Social Islami Bank Limited

Meghna Cement Mills Ltd. is a member of the Bangladesh Cement Manufacturers Association.[27]

Bashundhara City[edit]

Bashundhara City (Bengali: বসুন্ধরা সিটি) is the second-largest shopping mall of Bangladesh. Construction of the shopping mall began in 1998; Mohammad Foyes Ullah and Mustapha Khalid Palash of Vistaara designed the building. Opened to the public on 6 August 2004,[28] the mall is located at Panthapath, near Karwan Bazar, in Dhaka city and cost over $100 million to complete. Bashundhara City is 21 stories tall, of which 8 are used for the mall, which houses hundreds of Bangladeshi fashion houses and Jewelry shops, as well as around 100 food outlets which sell foods like French fries, burgers, fried chicken etc.[29]

Media houses[edit]

Bashundhara Group is expanding its business in various sectors started from real estate sector to steel industry. In 2009, they started a new enterprise, East West Media Group Ltd. It now owns four big media houses of Bangladesh; namely, 1 online newspaper and 3 other print media publications. Kaler Kantho and The Daily Bangladesh Pratidin are its Bengali national daily newspapers.[30] The English newspaper is owns named Daily Sun (Bangladesh).;[31] The online newspaper is owns named banglanews24.com <English & Bengali>;[32] The media enterprise is also planning to launch a FM radio and a television channel.[33]

See also[edit]

References[edit]

  1. ^ "Stay alert to check militancy". The Daily Star. UNB. 2016-08-09. Retrieved 2016-08-11. 
  2. ^ Bashundhara Group is one of the largest and leading companies in all of Bangladesh
  3. ^ Bashundhara Official Profile
  4. ^ "Supreme Court orders Bashundhara Group chief to surrender in tax evasion case". bdnews24.com. Retrieved 2016-08-11. 
  5. ^ "daily sun daily sun | First Pagedaily sun | First Page | Daily Sun celebrates 4th anniv". 2014-11-06. Archived from the original on 2014-11-06. Retrieved 2016-12-18. 
  6. ^ "Court orders Bashundhara Group officials to surrender". The Daily Star. Retrieved 2016-04-20. 
  7. ^ "Bashundhara chairman sued for 'fraud'". The Daily Star. Retrieved 2016-04-20. 
  8. ^ "Bashundhara to build two economic zones". The Daily Star. 2016-07-27. Retrieved 2016-08-11. 
  9. ^ "Bashundhara chairman sued for 'fraud'". 2011-12-18. Retrieved 2016-08-11. 
  10. ^ "Chinese national among two dead after ‘inhaling poisonous gas’ in abandoned barge in Mongla". bdnews24.com. Retrieved 2016-08-11. 
  11. ^ "DoE fines three factories of Bashundhara, Ha-Meem groups". bdnews24.com. Retrieved 2016-08-11. 
  12. ^ "LPG price hike: Traders take advantage of Ramadan". Dhaka Tribune. Retrieved 2016-08-11. 
  13. ^ "Scared shoppers send sales plummeting". Prothom Alo. Retrieved 2016-08-11. 
  14. ^ Yohan. "Bashundhara Steel Complex Limited - Bashundhara Steel Complex Limited". www.bashundharasteel.com. Retrieved 2016-08-11. 
  15. ^ "Akbar, sons, wife get 8 years for tax evasion". The Daily Star. 2007-09-30. Retrieved 2016-08-11. 
  16. ^ root. "Bashundhara Steel and Engineering Limited". www.bashundharagroup.com. Retrieved 2016-08-11. 
  17. ^ "Bashundhara Logistics Ltd.". www.bashundharagroup.com. Retrieved 2016-08-11. 
  18. ^ "Bashundhara Foundation". www.bashundharafoundation.com. Retrieved 2016-08-11. 
  19. ^ "Ex-NSU student ‘missing’ from Ctg, rescued in Dhaka". The Daily Star. 2016-08-04. Retrieved 2016-08-11. 
  20. ^ "Bashundhara gets economic zone licences". The Daily Star. 2016-07-28. Retrieved 2016-08-11. 
  21. ^ "Home - Bashundhara Technical Institute". Bashundhara Technical Institute. Retrieved 2016-08-11. 
  22. ^ "Why Bashundhara Group chief's son acquitted of Sabbir murder charge: HC". bdnews24.com. Retrieved 2016-08-11. 
  23. ^ "Big firms to go for rice milling". The Daily Star. 2015-01-21. Retrieved 2016-08-11. 
  24. ^ "Sundarban Industrial Complex Ltd.". www.bashundharagroup.com. Retrieved 2016-08-11. 
  25. ^ "SLAG base cement – new horizon for sustainable & durable construction". The Daily Star. Retrieved 2016-08-11. 
  26. ^ Bashundhara now has over 20 major concerns
  27. ^ "Cement makers up for expansion". The Daily Star. 2010-03-11. Retrieved 2016-08-11. 
  28. ^ Bashundhara Group is one of the largest and leading companies in all of Bangladesh
  29. ^ Shopping at Bashundhara
  30. ^ [1]
  31. ^ [2]
  32. ^ [3]
  33. ^ "Logo of new TV channel News24 unveiled". The Daily Star. 2016-02-19. Retrieved 2016-08-11. 

Sources[edit]

External links[edit]