Concord Group


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

History

Concord Group was founded in 1975. Concord Group completed Fantasy Kingdom, a multimillion-dollar amusement park, in 2002 in Savar. 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.. In 2007, Concord Group started the construction of Police Plaza. 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.
Concord Group has set up the first satellite township in Bangladesh. Also they constructed Bangladesh's first revolving tower in Chattogram. Concord setup 7 world class theme parks in Bangladesh such as Fantasy Kingdom & Foy's Lake Complex. They introduced Reinforced Concrete Block Masonry technology which is a better structural system for earthquakeprone zones.

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.
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.

Awards

BID international Quality Summit Award 2010 in New York based on "Excellence, Innovation, Customer Satisfaction, Technology, Leadership Strategic Planning & Business Results". 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.

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 LTD
  6. 1989-01-28 : Modern Furniture & Interior Décor 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