The Relentless Pursuit of Quality
Concord is a leading luxury real estate developer in Dhaka. Since 1972 it has built Bangladesh's landmarks, and today it creates luxury living apartments across Dhaka and Chittagong, backed by 1,200+ projects, 10,000+ units handed over and an AA+ credit rating.
Concord began its journey in 1972, soon after the independence of Bangladesh, as a small construction company with a team of around 10–15 people. From the beginning, one principle guided the company: “No compromise with quality.”
Over the decades, that principle became the foundation of a much larger story. Engineering challenges created new capabilities. Landmark projects became part of the national landscape. New technologies changed the way buildings were constructed. And one company steadily grew into a diversified group spanning construction, real estate, building products, architecture, interiors, garments, entertainment and more.
Through every phase of that journey, one idea remained constant: The Relentless Pursuit of Quality.
Concord was established in 1972 as a small proprietorship company. Bangladesh was a newly independent nation, and the local construction industry was still developing its technical capacity. Concord entered that environment with an ambition to deliver work that could stand beside contemporary international standards.
Its early years established a pattern that would continue throughout the company’s history: technically demanding assignments, infrastructure work, disciplined execution and a willingness to adopt better construction methods when conventional approaches were not enough. The company was formally established on pen and paper in 1975.
| YEAR | EARLY MILESTONE |
|---|---|
| 1972–1976 | Bridges and infrastructure on the Dhaka–Chittagong Highway, including the BM School Bhatiari Bridge and Madan Mohan Bridge. |
| Early years | Warehouse at Chittagong Port — the first folded-plate structure turnkey project of its kind in Bangladesh. |
| 1972 | VVIP Rest House Complex at Hiron Point, Sundarbans. |
| 1976 | Officers’ Mess at Navy Headquarters, Dhaka — part of Concord’s early work with fair-faced concrete. |
From war-damaged bridges to the skyline of Dhaka, in the words of the people who built it.
As Bangladesh developed, Concord’s portfolio expanded across defence, aviation, public institutions, corporate buildings and national landmarks. The work became larger, more complex and increasingly visible across the country.
| YEAR | PROJECT / SIGNIFICANCE |
|---|---|
| 1977 | Married Officers’ Quarters, Navy Headquarters, Dhaka — the first 12-storey residential accommodation in Bangladesh and a design-build project by Concord. |
| 1978–1980 | Main Passenger Terminal Building at Hazrat Shahjalal International Airport. |
| 1979 | Low-rise block of Sonargaon Hotel, constructed by Concord in association with Shimizu Construction Co. Ltd., Japan. |
| 1979 | BSEC Bhaban — Head Office Building of Bangladesh Steel & Engineering Corporation at Karwan Bazar. |
| 1979 | Bangladesh Television works, including the channel transmission building, auditorium and relay-station projects. |
| 1980 | Bangladesh Shilpa Bank Bhaban — a major high-rise project where Concord replaced conventional bamboo props and wooden formwork with steel props and scaffolding systems. |
The National Monument at Savar became one of the defining projects of Concord’s early history. Against a challenging target period of 90 days, Concord completed the project in 89 days.
The achievement reflected a quality that would appear repeatedly in Concord’s work: the ability to take on technically demanding projects under exceptional time constraints.
Between 1980 and 1983, a series of major high-rise projects became part of Dhaka’s emerging skyline.
| YEAR | HIGH-RISE MILESTONE |
|---|---|
| 1980 | Bangladesh Shilpa Bank Bhaban — 20-storey building. |
| 1983 | Jibon Bima Tower — 22-storey tower. |
| 1983 | Janata Bank Bhaban — 24-storey head-office building at Motijheel. |
| PROJECT | DELIVERY MILESTONE |
|---|---|
| National Monument, 1982 | Target: 90 days. Completion: 89 days. |
| VVIP Terminal Building, 1983 | Completed in 7 months and 15 days. |
| Bangabhaban renovation, 1985 | A ceiling-work schedule expected to take 21 days was reduced to seven days through a specially developed cutting method. |
Concord participated in the construction of a 720-foot Telecom Building in Singapore in association with Mitsui Construction Co. Ltd., Japan. The project marked an important international chapter in Concord’s engineering journey.
By the late 1980s and 1990s, Concord’s portfolio had expanded rapidly across commercial buildings, diplomatic facilities, hospitals, industrial facilities, government projects and civic infrastructure.
| YEAR | SELECTED LANDMARK PROJECTS |
|---|---|
| 1987 | Concord Centre, Petro Centre, International Conference Centre and a pharmaceutical plant at Tongi. |
| 1988–1989 | Sugandha State Guest House and BSCIC Electronic Complex, Mirpur. |
| 1990 | British High Commission Offices, Baridhara — Concord became the only Bangladeshi company at the time to construct the High Commission Office as main contractor. |
| 1992–1994 | Grameen Bank Bhaban, BRAC Centre, National Indoor Stadium, Islamic Development Bank Bhaban and Central Hospital. |
| 1993 | National Indoor Stadium at Mirpur — a 6,000-seat facility constructed in just over nine months. |
| 1995–1996 | Air Force facilities, hospitals, towers, Karwan Bazar Underpass, Gulistan Underpass and other major public-sector and corporate projects. |
Innovation at Concord often grew directly from the needs of a project. When existing materials, systems or construction methods were not enough, the company developed new capabilities — and in several cases created new businesses around them.
| AREA | MILESTONE |
|---|---|
| High-rise construction | The 12-storey Married Officers’ Quarters at Navy Headquarters became a landmark in residential high-rise construction. |
| Construction systems | Steel props and scaffolding replaced conventional bamboo props and wooden formwork on major projects. |
| Ready-Mix Concrete | Commercial introduction of Ready-Mix Concrete in Bangladesh in 1990. |
| Environment-friendly blocks | Commercial production of concrete blocks began in 1998 as an alternative to kiln-burnt clay bricks. |
| Top-down construction | Introduced in Bangladesh for the World Trade Centre at Chittagong. |
| RCBM technology | Reinforced Concrete Block Masonry was used at Lake City Concord — its first use in Bangladesh. |
| Waterproofing | Integrated waterproofing systems were introduced to improve watertight concrete construction. |
| False ceilings | Gypsum board false ceilings introduced as a fire-resistant alternative to conventional hardboard ceilings. |
| Doors and windows | Aluminium doors and windows introduced as an alternative to conventional iron flat-bar doors and windows. |
| BUSINESS | HOW THE NEED EMERGED |
|---|---|
| Bangladesh Gypsum Products (Pte) Ltd. | During the Bangladesh Shilpa Bank Building project, Concord identified the need for better false-ceiling systems, leading to the formation of a dedicated business. |
| MNK Chemicals & Home Services (Pte) Ltd. | The Bangabhaban renovation highlighted the need for advanced specialty construction chemicals. |
| Modern Furniture & Interior Decor (Pte) Ltd. | Specialized woodwork and interior assignments at major projects led to the creation of a dedicated interior business. |
Concord Ready-Mix & Concrete Products Ltd. was established on 29 July 1990. Concord introduced Ready-Mix Concrete and Transit Mixers in Bangladesh to improve consistency and quality in concrete production.
The business later expanded into automated batching plants and a broad range of concrete products, including hollow blocks, solid blocks, ornamental blocks, pavers, kerbstones, terrazzo tiles, engraved tiles and roof tiles.
Across construction, materials, real estate and entertainment, Concord introduced methods, technologies and development concepts that were new to Bangladesh. These firsts reflect a recurring part of Concord’s history: identifying a better way to build, then putting it into practice.
| FIRST / PIONEERING ROLE | HISTORICAL SIGNIFICANCE |
|---|---|
| Environment-friendly construction materials | Concord became the first developer in Bangladesh to use environment-friendly construction materials, including concrete blocks in place of kiln-burnt clay blocks from 1998. Lake City Concord also incorporated its own Aqua Pac sewage-treatment plant during 2003–2006. |
| High-rise residential construction | The 12-storey Married Officers’ Quarters of Bangladesh Navy, undertaken during 1977–1980, marked a pioneering application of high-rise construction methodology in Bangladesh. |
| Integral waterproofing | Concord first introduced the use of integral water proofer in Bangladesh to make water-tight concrete construction. |
| Advanced steel tubular formwork | Concord was the first company in Bangladesh to introduce advanced steel tubular formwork systems in place of bamboo props and unsafe conventional scaffolding. |
| Modern ceiling systems | Concord was the first company in Bangladesh to replace hardboard ceilings with modern T-bar, gypsum-board, non-T-bar and decorative ceiling systems. |
| Aluminium doors and windows | During 1980–1981, Concord became the first company in Bangladesh to replace iron flat-bar doors and windows with lighter, non-corrosive, paint-free aluminium alternatives. |
| Maintenance-free texture coating | Concord was the first company in Bangladesh to introduce an almost maintenance-free texture-coating paint system as an alternative to exterior snowcem or plastic paint. |
| FIRST / PIONEERING ROLE | HISTORICAL SIGNIFICANCE |
|---|---|
| High-rise building with basements | Concord constructed Bangladesh’s first high-rise building with basements: BSB Bhaban. |
| Top Down construction technology | At the World Trade Centre in Chittagong, Concord became the first company to introduce and implement Top Down construction technology in Bangladesh for high-rise foundations where soil strata were soft or poor. |
| Satellite township | Concord developed Bangladesh’s first satellite township, with 4,000 apartments and supporting facilities. |
| Ready-Mix Concrete | In 1990, Concord became the first company to introduce Ready-Mix Concrete commercially in Bangladesh. |
| Revolving tower restaurant | Concord constructed Bangladesh’s first revolving tower restaurant in Chittagong, rising 71 metres above the ground. |
| RCBM technology | Concord introduced Reinforced Concrete Block Masonry (RCBM) technology in Bangladesh for load-bearing buildings of up to 18 storeys, designed to sustain significant earthquake thrust. |
| MILESTONE | SIGNIFICANCE |
|---|---|
| Seven world-class theme parks | Concord established seven world-class theme parks in Bangladesh within the ten-year period referenced in its historical record. |
| Landscaped gated villa community | Concord established the country’s only landscaped, gated luxury villa complex in Ashulia at the time documented. |
| A 720-foot structure overseas | Concord became the only Bangladeshi company at the time to complete a 720-foot-tall structure abroad — the Telecom Building in Singapore — in association with Mitsui Construction Company. |
Explore ongoing Concord projects across Gulshan, Dhanmondi, Bashundhara, Banani, Baridhara, Uttara, Jolshiri and Chittagong from one of the leading luxury real estate developers in Dhaka.
Looking for luxury commercial space? Explore Concord commercial projects in Dhanmondi, Gulshan, Banani, Shyamoli and Chittagong, built by a developer with over 50 years of construction experience.
Plot 81, Road 11, Banani, Dhaka
Size: 1825–3625 sq ft · 16 units · 2 basements
Plot 08, Road 27, Dhanmondi, Dhaka
Size: 3710–8300 sq ft · 20 katha · 3 basements
Plot 75, Satmasjid Road, Dhanmondi, Dhaka
Size: 770–3840 sq ft · 8.38 katha · 2 basements
Plot 259, Road 27, Dhanmondi, Dhaka
Size: 1125–3760 sq ft · 8.50 katha
Plot 10, Ring Road, Shyamoli, Dhaka
Size: 2400 sq ft · 20 katha · 3 basements
Nasirabad, Panchlaish, Chittagong
Retail: 200–1287 sq ft · 54 retail units · 14 storeys
Fantasy Kingdom and Foy's Lake: family destinations created by Concord Entertainment.
Ashulia, Dhaka
Bangladesh's first world-class theme park, at Ashulia.
Chittagong
Concord Amusement World and Sea World Water Park, built around the natural lake environment.
In the 1990s, Concord entered the real-estate sector with luxury apartments. The business evolved from individual apartment developments into residential and commercial projects, and later into complete townships with civic and social infrastructure.
| DATE | REAL-ESTATE MILESTONE |
|---|---|
| 3 April 1989 | Concord Condominium Ltd. — one of Bangladesh’s early developers, known for luxury apartments in Dhaka. |
| 5 April 1997 | Concord Real Estate & Building Products Ltd. — expanded the group’s residential and commercial development portfolio. |
| 9 May 1999 | Concord Real Estate & Development Ltd. — marked Concord’s expansion into township development with civic and social amenities. |
Concord’s real-estate portfolio grew to include residential towers, commercial developments and mixed-use projects across Dhaka and beyond. Projects from this period include Concord Tower, Twin Towers Concord, Grand President Concord, Ivy Concord, President Park Concord, Concord Hamrai, Grand Heritage Concord, Concord Windsor, Anamika Concord, Concord Baksh Tower, Surma Concord, Lake Front Concord, Grand Palace Concord, Concord White House, Concord Helal Kutir, Excelsior Concord, Concord Regency, Paramount Concord, Segunbagicha Concord, Sir Salimullah Legacy Concord and Emporium Concord.
Lake City Concord at Khilkhet represented a new scale of development: a complete satellite township with more than 4,000 apartments, two shopping and commercial blocks, a school, mosque, landscaped gardens and other support facilities.
The township also incorporated Reinforced Concrete Block Masonry (RCBM), a sewage-treatment plant and supporting civic infrastructure — bringing together housing, services and community facilities within one development.
Concord Entertainment Co. Ltd. was established on 1 February 2001 as the group diversified into recreation, amusement and tourism-related facilities.
Fantasy Kingdom Concord was inaugurated on 13 April 2001. At the time, it was positioned as Bangladesh’s only international-standard theme park. The entertainment portfolio later included Water Kingdom, Heritage Park, Xtreme Racing and Resort Atlantis.
At Foy’s Lake in Chittagong, Concord developed Concord Amusement World together with amusement installations, Sea World Water Park, resort facilities and attractions built around the natural lake environment. Concord Entertainment also became a member of the International Association of Amusement Parks and Attractions (IAAPA), USA.
Top of the World became Bangladesh’s first centrally air-conditioned revolving tower restaurant. Rising 71 metres (233 feet), the 400-seat restaurant offers a panoramic experience high above the city.
Daily Star–DHL Bangladesh Business Award — Enterprise of the Year 2000, in recognition of outstanding leadership quality and Concord's role as a model in corporate business in Bangladesh.
Recognition associated with excellence, innovation, customer satisfaction, technology, leadership, strategic planning and business results.
Concord received the prestigious President’s Industrial Development Award in recognition of its contribution to Bangladesh’s economic growth and industrial development.
Concord received the National Environment Award 2020 from the Government of Bangladesh for its outstanding contribution to the country’s environment. The recognition highlighted Concord’s pioneering role in introducing and implementing green technology and environmentally responsible building materials in Bangladesh’s real estate and construction industry.
Concord received the ESSAB Safety Excellence Award 2022 in the premises category for its application of fire-safety and security measures. The recognition reflects Concord’s continued emphasis on creating safer and more secure built environments.
Concord received the prestigious International Quality Crown (IQC) Award for its theme park and hospitality businesses, including the Fantasy Kingdom Complex and Foy’s Lake Complex. The award recognized Concord’s contribution to Bangladesh’s tourism and entertainment sector.
Concord received the Business Initiative Directions (BID) International Quality Summit Award at the 24th International Quality Summit in New York. The international program recognizes organizations for achievements in quality, excellence and business performance.
Concord has achieved an AA+ credit rating, one of the highest ratings highlighted for the real estate sector. The rating reflects the company’s financial strength and ability to meet its obligations.
Concord was recognized among the top taxpayers in Bangladesh’s real estate sector in 2022, reflecting its contribution to the national economy through responsible corporate participation.
Watch the film, or read the Luxury Living profile on The Daily Star.
As Concord expanded, new companies were formed to serve specialized areas of construction, development, manufacturing, design, entertainment and other industries. Together, they reflect the evolution of Concord from a construction company into a diversified group.
The best choice depends on what you value, but a strong track record, financial trust and build quality are good places to start. Concord has been building since 1972, has completed 1,200+ projects, handed over 10,000+ units and holds an AA+ credit rating.
Concord develops luxury apartments and residences in Gulshan, Banani, Baridhara, Dhanmondi, Bashundhara and Uttara, as well as in Chittagong. The ongoing projects page shows what is available now.
Ongoing Concord projects include Concord Aurora Heights and Concord Taj in Gulshan, Concord Quasem Waterfront and Concord Mirza Mansion in Dhanmondi, Concord Seven Heights in Bashundhara R/A, Concord Rahma in Banani DOHS, Concord BCL Enclave in Uttara, Concord Valor in Jolshiri, and Concord Grand Heights in Halishahar, Chittagong.
Yes. Concord commercial space projects include Concord MBR Skyline in Gulshan, Concord MB Tower in Banani, Concord Lily Heights, Concord Sohel Square, Concord Eminence and Concord Dousiara Heights in Dhanmondi, Concord Chowdhury Villa in Shyamoli and Concord Mueen Square in Chittagong.
Luxury Living is a platform by The Daily Star. Concord has a member profile there and is featured on film.
Concord entered the real-estate sector in the 1990s, with Concord Condominium Ltd. established on 3 April 1989, after more than a decade of bridges, airports and commercial towers.
Lake City Concord is Bangladesh's first satellite township, opened at Khilkhet in 2005, with more than 4,000 apartments, shops, a school, a mosque and open space in one planned community.
Concord introduced Ready-Mix Concrete, advanced steel tubular formwork, integral waterproofing, RCBM technology and environment-friendly concrete blocks to Bangladesh, among other pioneering construction methods and materials.
Concord’s journey is a story of growth through engineering, innovation and diversification. It began with a small team and a commitment to quality, then expanded through landmark projects, new technologies, real-estate development, manufacturing and entertainment.
Its progress has been shaped by the confidence of clients, the respect earned through its work, and the commitment of the people behind the organization. Across decades of change, Concord’s defining principle has remained unchanged: quality is not a destination, but a pursuit.
The Relentless Pursuit of Quality.
Five decades of building, now in luxury apartments across Dhaka and Chittagong.
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