The Bangladesh Chemical Industries Corporation (BCIC) has embarked on an ambitious project to construct 10 commercial buildings on unused land across the country. The initiative aims to generate additional revenue and safeguard valuable government properties from illegal occupation. The Ministry of Industries has granted administrative approval for the projects, and BCIC is currently completing the tender process for the first phase, which involves six developments at an estimated cost of Tk 718 crore.
Project Details and Locations
Under the first phase, BCIC will construct a 13-storey commercial building at the former KPM Guest House site in Muradpur, Panchlaish, Chattogram, at an estimated cost of Tk 97 crore. Another 17-storey building with three basement levels will be built on Plot No. 6 in Agrabad, Chattogram, at a cost of Tk 99 crore. Additionally, a 20-storey building will be constructed in Nasirabad, Chattogram, at a cost of Tk 187 crore.
In Sylhet, a 20-storey commercial building will be developed at the old guest house site of Chhatak Cement Factory in Subidbazar at an estimated cost of Tk 182 crore. In Dhaka, BCIC plans to construct a 10-storey commercial building on the northern side of its headquarters at a cost of Tk 57 crore and a convention hall in Mirpur Housing Colony at a cost of Tk 96 crore.
Future Developments and Funding
Beyond the initial six projects, BCIC has identified additional sites for development, including a 20-storey building at Nalapara, further structures in Pahartoli, Chattogram, a 15,000-tonne-capacity warehouse adjacent to the Kalurghat transit godown, a technical institute, and an extension building within the Mirpur Housing Colony area. The projects will be financed entirely from the corporation's own resources.
Implementation and Compliance
BCIC Chief Engineer (Civil) Chowdhury Abid Al Hasan is overseeing the tender process and technical implementation of the projects. The planned structures will incorporate modern sanitary and plumbing facilities, advanced water supply systems, electro-mechanical installations, and integrated fire detection and protection systems in line with contemporary commercial and industrial standards. BCIC Chairman Fazlur Rahman has directed project officials to ensure strict compliance with the government's Public Procurement Rules (PPR) and all relevant legal provisions throughout the procurement and implementation process to maintain transparency and accountability.
Timeline and Goals
The corporation has set September 1, 2026, as the target date for commencing construction work. While the overall programme is expected to be completed within five years, the first phase is scheduled for completion by February 28, 2029.
