Bashundhara Group Head Office Address

Bashundhara Group (Bengali: বসুন্ধরা গ্রুপ) is a Bangladeshi conglomerate based in Dhaka. It was incorporated in 1987 as a real estate company under the name East West Property Development Ltd (EWPD). It presently owns more than 50 major concerns throughout Bangladesh. The company's import-export turnover was $1.12 billion or BDT 111.38 billion in the 2022-23 fiscal year. In the 2018 fiscal year, the company's real estate holdings amounted to BDT 50,000 crores, or $4.6 billion

Bashundhara Group, founded by Ahmed Akbar Sobhan, began in 1987 as a real estate venture. After its first project, Bashundhara invested in new fields, including manufacturing, industry and trading. More enterprises were established in the early 1990s; these included cement, paper, pulp, tissue paper and steel production, as well as LP Gas bottling and distribution. Bashundhara received permission from the Bangladesh Economic Zones Authority to set up two specialized economic zones in Keraniganj, Dhaka, Bangladesh.

Bashundhara Group: A Leading Conglomerate in Bangladesh

Bashundhara Group is one of the largest and most diverse conglomerates in Bangladesh. Founded in 1987, the group has expanded its operations to a wide range of industries, including manufacturing, real estate, media, education, and many other sectors. With its multifaceted business portfolio, Bashundhara Group has contributed significantly to the economic development of Bangladesh and continues to play a crucial role in shaping the nation’s industrial landscape.

History and Evolution of Bashundhara Group

Bashundhara Group was established by Ahmed Akbar Sobhan, a visionary entrepreneur who sought to create a diversified business empire. The name "Bashundhara" itself reflects the founder’s deep connection to the land and his ambition to bring prosperity to the country. The group initially focused on real estate development, particularly in Dhaka, the capital of Bangladesh.

The group began its journey with a single business venture, but over time, it diversified its operations, expanding into a broad range of sectors. By the late 1990s, Bashundhara Group had already made its mark in various industries, establishing a reputation for quality products and services.

Today, Bashundhara Group operates through more than 30 sister concerns, spanning various sectors such as paper manufacturing, cement production, real estate development, media, hospitality, education, and more. The group's continuous growth has made it a household name in Bangladesh.

Core Values and Mission

Bashundhara Group operates with a set of core values that guide its business philosophy. The group's mission is to contribute to the economic growth of Bangladesh by providing high-quality products and services while maintaining ethical business practices. The core values of Bashundhara Group include:

Commitment to Quality: Ensuring the highest standards of quality in all of its products and services.

Innovation: Constantly evolving and adopting new technologies to stay ahead in the competitive market.

Customer Focus: Always prioritizing the needs of customers to provide the best solutions.

Corporate Social Responsibility: Giving back to society through various philanthropic activities.

Major Industries and Operations of Bashundhara Group

Bashundhara Group's diversified business portfolio covers a wide range of industries, each with a significant contribution to the national economy. Below are some of the major sectors in which the group operates:

1. Real Estate Development

One of the core pillars of Bashundhara Group is its real estate arm, which has been instrumental in shaping the urban landscape of Dhaka. The group has developed numerous residential and commercial projects, providing modern housing solutions and contributing to the growth of urban infrastructure. Some notable real estate projects include:

Bashundhara Residential Area: A major residential development project that has become one of the most sought-after neighborhoods in Dhaka.

Bashundhara City: One of the largest commercial complexes in South Asia, offering a mix of retail, office, and entertainment spaces.

The real estate division of Bashundhara Group has played a vital role in the housing sector, meeting the growing demand for affordable yet high-quality residential spaces.

2. Paper and Pulp Manufacturing

Bashundhara Group is a leader in the paper industry in Bangladesh. Its paper and pulp manufacturing division, Bashundhara Paper Mills Limited, produces a wide range of paper products, including newsprint, writing paper, and packaging paper. The company has state-of-the-art facilities and uses the latest technology to ensure high-quality production standards.

The group’s investment in the paper industry has helped meet the growing demand for paper products in both domestic and international markets. Bashundhara Paper Mills Limited is known for its commitment to sustainability and has implemented eco-friendly practices in its production processes.

3. Cement Production

Another significant arm of Bashundhara Group is Bashundhara Cement, which has become one of the leading cement manufacturers in Bangladesh. The company produces high-quality cement for both residential and commercial construction projects. With its strong brand presence and extensive distribution network, Bashundhara Cement has become a trusted name in the construction industry.

The cement division benefits from state-of-the-art manufacturing plants and modern technology, allowing it to meet the increasing demand for building materials in a rapidly developing country.

4. Media and Communications

Bashundhara Group is also a major player in the media and communications sector through its subsidiary, East West Media Group Limited (EWMGL). EWMGL owns and operates several leading media outlets in Bangladesh, including:

The Daily Prothom Alo: One of the largest daily newspapers in Bangladesh, known for its comprehensive coverage of national and international news.

Radio Today: A popular radio station providing entertainment, news, and educational programs.

Boishakhi Television: A prominent Bengali-language television channel.

The group has played a key role in shaping the media landscape in Bangladesh, providing reliable news and entertainment to millions of people.

5. Education

In addition to its business operations, Bashundhara Group is also committed to contributing to the educational sector. The group’s investments in education have led to the establishment of several schools, colleges, and universities. Bashundhara International School and Bashundhara University are among the prominent educational institutions owned by the group. These institutions aim to provide high-quality education to students, preparing them for the challenges of the modern world.

6. Hospitality and Tourism

Bashundhara Group’s hospitality division includes a range of hotels and resorts, offering world-class services to both domestic and international tourists. The group’s flagship hotel, The Westin Dhaka, is one of the top luxury hotels in the country, known for its exceptional services and facilities.

The group has also developed several other properties catering to both business and leisure travelers, contributing to the growth of the tourism and hospitality industry in Bangladesh.

7. Retail and Consumer Goods

Bashundhara Group has made significant strides in the retail and consumer goods sector. The group owns and operates several large retail outlets, offering a wide range of products from groceries to electronics. Bashundhara City Shopping Mall is one of the largest shopping malls in Bangladesh, featuring numerous local and international brands. The group's retail division has helped meet the growing demand for consumer goods in the country.

Sister Concerns of Bashundhara Group

Bashundhara Group is made up of numerous sister concerns, each specializing in a particular industry. Below is a detailed overview of the major sister concerns of Bashundhara Group:

1. Bashundhara Cement Industries Ltd.

As mentioned earlier, Bashundhara Cement is one of the group’s most significant ventures. The company produces a variety of cement products, including Portland cement and blended cement. With its high-quality products and commitment to customer satisfaction, Bashundhara Cement has grown to become one of the largest cement brands in Bangladesh.

2. Bashundhara Paper Mills Ltd.

Bashundhara Paper Mills Ltd. is another important sister concern of Bashundhara Group. The company is the leading producer of paper products in Bangladesh, manufacturing newsprint, writing paper, tissue paper, and more. It has state-of-the-art production facilities that adhere to international standards, and it has significantly contributed to reducing Bangladesh's reliance on imported paper products.

3. Bashundhara Real Estate Ltd.

Bashundhara Real Estate Ltd. is the real estate development arm of Bashundhara Group. It is responsible for developing residential, commercial, and mixed-use properties. Some of the most notable projects include Bashundhara Residential Area and Bashundhara City, which are landmarks in Dhaka's urban landscape.

4. East West Media Group Ltd.

East West Media Group Ltd. is one of the largest media conglomerates in Bangladesh, operating several leading media outlets, including newspapers, television channels, and radio stations. Prothom Alo, Boishakhi Television, and Radio Today are among the top brands under EWMGL’s umbrella. The group plays a crucial role in shaping public opinion and delivering high-quality news and entertainment to the masses.

5. Bashundhara Industrial Complex Ltd.

Bashundhara Industrial Complex Ltd. is a key part of the group’s manufacturing division. The company specializes in the production of a wide range of products, including building materials, steel, and other industrial goods. The company plays a vital role in supporting the growing construction and infrastructure sectors in Bangladesh.

6. Bashundhara Food & Beverage Ltd.

Bashundhara Food & Beverage Ltd. is involved in the production of various food and beverage products. The company offers a range of consumer goods, including packaged foods and beverages, which are sold across the country. The company is known for its high-quality products and is a trusted name in the food and beverage industry.

7. Bashundhara Group – Transport & Logistics

To support its vast network of businesses, Bashundhara Group operates a well-established transport and logistics division. The division is responsible for the transportation of raw materials, finished products, and other goods across the country. The company owns a fleet of vehicles, ensuring the timely and efficient delivery of products to customers.

Corporate Social Responsibility (CSR)

Bashundhara Group takes its corporate social responsibility seriously and actively engages in various philanthropic activities. The group has made significant contributions in sectors such as education, healthcare, and disaster relief. Through its CSR initiatives, Bashundhara Group has provided scholarships, built hospitals, and supported various charities aimed at improving the lives of disadvantaged people.

Future Prospects

As Bangladesh continues to develop, Bashundhara Group is well-positioned to capitalize on the growing demand for infrastructure, housing, and consumer goods. The group’s ongoing investments in new industries and technologies will allow it to expand further and remain a leader in the Bangladesh economy. With its strong commitment to quality, innovation, and social responsibility, Bashundhara Group is likely to continue its success in the years to come.

Bashundhara Group stands as one of Bangladesh’s most influential and diversified conglomerates. With a rich history, a wide range of business operations, and a commitment to quality and customer satisfaction, the group has become a cornerstone of the nation’s economic development. Through its various sister concerns, Bashundhara Group has made substantial contributions to industries ranging from real estate and manufacturing to media, education, and hospitality. As the group continues to grow, its role in shaping Bangladesh’s industrial future is set to remain significant for many years to come.