By Aminul Islam

DHAKA, June 25, 2026 (BSS) – The Bangladesh Chemical Industries Corporation (BCIC) has undertaken an initiative to construct 10 commercial buildings on its unused land across the country with a view to generating additional revenue and protecting valuable government properties from illegal occupation.

“The Ministry of Industries has already granted administrative approval for the projects, while the corporation is currently completing the tender process for the first phase involving six developments at an estimated cost of Tk 718 crore,” BCIC Chairman Fazlur Rahman told BSS.

He said many BCIC-owned properties had remained vulnerable to encroachment due to prolonged inactivity.

After recovering several occupied sites, he said, the corporation decided to develop the lands through commercial infrastructure projects to ensure their long-term protection and productive utilization.

According to BCIC, the projects will be financed entirely from the corporation's own resources. 

The development plan includes major high-rise commercial buildings in Chattogram, Sylhet and Dhaka.

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. 

A 17-storey building with three basement levels will be built on Plot No. 6 in Agrabad, Chattogram at a cost of Tk 99 crore, while another 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.

Officials said the Agrabad project is being processed through the Open Tendering Method (OTM) to ensure competitive participation and transparency.

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.

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.

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.

Fazlur Rahman 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.