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CGGC International Signs the EPC Contract for South Town Project, Keraniganj, Worth US Dollars 2.034 Billion
Date:2020-04-02 VisitCount: Font size:[ L M S ]

On March 24, CGGC International and Bangladesh Development Company Ltd. signed the EPC Contract for South Town Project, Keraniganj in Dhaka of Bangladesh worth US dollars 2.034 billion, which marks the new breakthrough of Bangladesh in new town construction project. Principal of CGGC Bangladesh Branch and Chairman of Bangladesh Development Company Ltd. Mustafa Kamal Mohiuddin signed the contract on behalf of both parties.

Scene of Contract Signing

Facing severe situation of COVID-19 across the globe, CGGC International strictly followed the principle of attaching equal importance to epidemic prevention and business operation, and made innovation in working modes despite great pressure, with great achievements made in market development.

Dhaka is the capital city of Bangladesh with the densest population. Local government encourages developing new towns and satellite cities to ease pressure of the capital city. Located in Keraniganj, a town in the south of Dhaka, the South Town Project covers an area of about 460ha and involves high-end residences, hospital, school, cultural activity exhibition hall, media center and other works to be implemented in three phases. After completion, the South Town Project will be a model for new town construction in Bangladesh and significantly improves the urbanization level of suburban towns around Dhaka. The parties reached consensus on continuous cooperation to complete the project as soon as possible, thus making contributions to the social and economic development of Bangladesh.

Rendering of the Project

CGGC has always adhered to the principle of achieving shared growth through discussion and collaboration, and proactively participated in infrastructure investment and construction in Bangladesh since it made presence in Bangladesh, with its business spanning over multiple sectors including infrastructure, new energy and industry. So far, the BRT from Gazipur to the airport, the first BRT of its kind in Bangladesh, undertaken by CGGC is being steadily progressed.

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