Concord Group

History

Concord Group was founded in 1973. In 2002, Concord Group built a multimillion-dollar amusement park in Savar called Fantasy Kingdom. In 2004, the Government of Bangladesh leased the historic Foy's Lake to Concord Group for 50 years to develop it into a resort and amusement park named Foy's Lake Concord. In 2007, Concord Group began construction work on a shopping Complex called Police Plaza, which was built in partnership with the Bangladesh Police Welfare Trust of the Bangladesh Police. The building is located in Gulshan Thana and was completed in 2015.

They set up the first satellite township in Bangladesh and constructed the country's first revolving tower in Chittagong. They constructed 7 world-class theme parks in Bangladesh including Fantasy Kingdom & Foy's Lake Complex. They introduced new technology involving reinforced concrete block masonry to serve as a better structural system for earthquake-prone zones.

List of companies and establishment dates

Late 1972: Concord Construction Co

1976-02-10: Concord Engineers & Construction LTD

1983-03-05: Jeacon Garments LTD

1988-07-31: MNK Marbel & Tiles Technology LTD

1989-01-26: Bangladesh Gypsum Products (pte) LTD

1989-01-28: Modern Furniture & Interior Décor (pte) LTD

Controversy

The Department of Environment fined Concord Group 1.4 million taka for building 12-story and two 15-story buildings without their permission.

On 17 September 2015, the Bangladesh High Court requested that Concord hand over an 18-story building built on land occupied by the Salimullah Orphanage; said court determined that the contract used to acquire the land was illegal.