Sahara India Pariwar, a major business conglomerate in India has on Friday announced its entry into the housing & infrastructure sector of Bangladesh.
The group’s, newly formed Bangladesh based company ‘Sahara Matribhumi Unnayan Corporation Limited’ has signed a Memorandum of Understanding (MoU) with the Ministry of Housing and Public Works of Bangladesh Government, to invest in the development of housing industry in Bangladesh.
‘Sahara Matribhumi Unnayan Corporation Limited’ will conceptualize, design and plan a new city near Dhaka, i.e. Notun Dhaka (New Dhaka) and will build affordable housing for low income groups with Housing Finance support for majority applicants.
The newly formed company will also conceptualize, design and plan various integrated satellite townships under the Ministry of Housing & Public Works (MOPW) of the Government of Bangladesh.
The MoU was signed by Subrata Roy Sahara, Managing Worker & Chairman, Sahara India Pariwar and Nurul Huda, Chairman, Rajdhani Unnayan Kartripakkha (RAJUK). The event was witnessed by Mr. Abdul Mannan Khan, State Minister for Housing & Public Works and other top bureaucrats, politicians and senior officials of the Bangladesh Government.
The eventful 4 day visit of Saharasri Subrata Roy Sahara was concluded with positive notes after having meetings with Dr. S. A. Samad, Executive Chairman of Board of Investments (BOI), Dr. Atiur Rahman, Governor of Central Bank and the Shri Hasan Mahmood Khondokar, Inspector General (IG) of Bangladesh Police.
The Prime Minister of Bangladesh Sheikh Hasina had also met Subrata Roy Sahara to discuss about the intended projects and further opportunities in Bangladesh.