Confidence Cement to build convention centre
Wednesday, 9 March 2011
The authorities of Confidence Cement Limited have stated that the board of directors of the company has agreed to provide company's own fund for construction of a convention centre named 'CBC-Confidence Cement Convention Centre' at Chittagong Boat Club under Bangladesh Navy on Build, Operate and Transfer (BOT) basis. The total fund requirement will be Tk 40 million which will be utilised on build and demand basis. After commissioning of the convention centre Second party (CCL) and First party (CBC) will received 75 per cent and 25 per cent monthly profit respectively from 12 years which will be earned from the rental of convention centre. - DSE?Online