Public Private Partnership Office
 

Project Profile

Development of Five Star Hotel at Zakir Hossen Road in Chittagong
Project Information
Details
Project Name:
Development of Five Star Hotel at Zakir Hossen Road in Chittagong
Sector:
Tourism
Department/Ministry:
Ministry of Railway
Implementing Agency:
Bangladesh Railway
Location:
Chittagong
Estimated Capital Cost:
< $6m
$6-30m
$30-80m
$80-200m
$200-500m
> $500m
Approval:
Cabinet Committee on Economic Affairs approved the project on 14 November 2013.
Background:
Chittagong is the second largest commercial hub of the country with significant and vibrant economic activities. Being the only effective port city, Chittagong accounts for most of the local and international trading activities of the country. Chittagong is also the center point for major tourism destinations of Bangladesh. Considering the increasing trend of commercial, tourism and entertainment activities, a number of commercial hotel and other accommodation facilities have been developed in last few years in Chittagong. There are 4-5 good standard hotels in Chittagong city, however most of these have very high occupancy rate and none of these offer 5 star standard hotel facilities.

To cater or the needs of this vibrant and growing city, BR has decided to establish a 5-star hotel in its unused land at Zakir Hossen Road at Chittagong. Considering the fund constraints, BR has proposed the project to be implemented on a PPP basis.

The project has been planned to be established as a 5-star standard hotel with particular focus on environment friendliness. BR has earmarked an area of 4.14 acres of vacant land for this purpose at Zakir Hossen Road, in Khulshi area which is one of the most commercially vibrant area in Chittagong.
Objective:
The objectives of this project are:
1. To provide an international standard 5-star standard hotel facility for the commercial and tourism travelers visiting Chittagong.
2. To increase revenue earning potential of Bangladesh Railway.
3. To ensure more efficient utilization of Bangladesh Railway assets.
Project Scope:
Construction of a 5 Star standard Hotel facility
Timing (tentative):
Development Period: 2014 - 2015
Procurement Period: 2015 - 2016
Status:

Project Screening
 

Project
Development Stage
 

Procurement Stage
RFQ | RFP
Note: Feedback Infra (P) Limited appointed as Transaction Advisor
Contact:

Najmus Sayadat
Director (Finance)
Phone: +88 02 55007420
E-mail: najmus@pppo.gov.bd
PPPO Logo
Public Private Partnership Authority
Prime Minister's Office
1st Floor, NGO Affairs Bureau Bhaban
Plot: E-13 B Agargaon, Shere Bangla Nagar,
Dhaka-1207, Bangladesh.
Phone: +88 02 55007421
(Last updated 8 January 2017; subject to further revision.)
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