UAE, Philippines to investment in CBD project at Purbachal new town
Publish- February 27, 2020, 08:42 PM
UNB NEWS - UNB NEWS
Update- February 27, 2020, 08:44 PM
Investors from the United Arab Emirates (UAE) and Philippines have expressed their keen interest to invest in the Central Business District (CBD) project in Rajuk’s Purbachal new town.
A consortium of PowerPac Holdings Limited and Kajima Corporation has been implementing the project. PowerPac is a concern of local conglomerate Sikder Group.
The investment offer came from Sheikh Ahmed bin Rashid Al Nuaimi, the brother of the Crown Prince of emirate of Ajman of UAE, during a meeting in UAE with Sikder Group’s managing director Ron Haque Sikder, said a press release.
.Sheikh Marwan bin Mohammad bin Rashid and Maktaum’s business director Aref Ahmed Al Zarwini was also present in the meeting.
Ron Hoque Sikder also had a meeting with Chavit Singson, Mayor of Narvacan of Manila and a Pilipino businessman in Manila recently where the CBD project received investment offer.
The CBD project will have a total of 41 skyscrapers, including a 473-metre tall 111-storey iconic Legacy Tower, 71-storey Liberty Tower and 52-storey Language Tower to accommodate business houses. The three towers were named as Bangabandhu Tri-tower.
Of the other skyscrapers, each will have a height equivalent to a 40-storey building while the project will have an investment of Tk 96,000 crore of which Tk 60,000 crore investment has already been obtained.