Concord Group

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]

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

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.
  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. "The Daily Star Web Edition Vol. 5 Num 278". The Daily Star. 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. 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
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