Bengal Group – Swissotel Dhaka – Bangladesh - Project Profile
"Bengal Group – Swissotel Dhaka – Bangladesh - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
The "Bengal Group – Swissotel Dhaka – Bangladesh - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.
Bengal Group is planning to undertake the construction of a hotel in Dhaka, Bangladesh.
The project involves the construction of a new 350-room hotel. It includes the construction of six world-class restaurants, bars and pubs, 950m2 event space, a large swimming pool, a spacious spa, a 500m2 ballroom and recreational amenities.
In May 2013, Swissotel Hotels & Resorts signed a management contract with Bengal Group to operate the hotel.
In August 2015, Mutual Trust Bank provided US$50 million for the project.
In April 2017, International Finance Corporation (IFC) proposed to invest up to US$18 million in loan and would mobilise another US$18 million from a development finance institution (DFI) to fund the construction of project.
Planning activities are underway.
The project involves the construction of a new 350-room hotel in the new business district of Gulshan, Dhaka, Bangladesh.
The US$75 million project includes the following:
1. Construction of six world-class restaurants
2. Construction of bars and pubs
3. Construction of 950m2 event space
4. Construction of a large swimming pool
5. Construction of a spacious spa
6. Construction of a 500m2 ballroom
7. Construction of recreational amenities
Reasons To Buy
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook