Construction of DSE Tower geared up
Friday, 24 April 2009
FE Report
The construction of Dhaka Stock Exchange (DSE) Tower will be completed by the end of 2010.
"There was virtually no progress in the construction of the DSE Tower in the last two years due to abnormal hike of the price of construction materials, however we geared up the activities six months back and hope it will be opened by the first half of 2011," DSE president Md Rakibur Rahman told the FE Thursday.
He said all DSE members will visit the construction site at Nikunja tomorrow (Saturday) to see the progress.
Former Chief Adviser Fakhruddin Ahmed laid the foundation stone of the 14-storied building on February 23,2007.
He said the new building will have all modern trading facilities with an upgraded trading capacity network.
"Besides, the new building will have the modern facilities to hold annual general meetings of listed companies and other corporate conferences," he added.
Three basements will be reserved for car parking as 405 cars will be allowed to enjoy the facilities.
The first two floors will be reserved for banks and other financial institutions while there will be a mock trading hall and a media center at the first floor.
The second floor will be exclusively used by DSE office while the third to eleven floors will be allocated for the bourse members.
A part of the 12th and 13th floor will be used for auditorium, members club, health club etc.
DSE has already raised its membership to 238 from 195 to finance the construction of its own building.
The construction of Dhaka Stock Exchange (DSE) Tower will be completed by the end of 2010.
"There was virtually no progress in the construction of the DSE Tower in the last two years due to abnormal hike of the price of construction materials, however we geared up the activities six months back and hope it will be opened by the first half of 2011," DSE president Md Rakibur Rahman told the FE Thursday.
He said all DSE members will visit the construction site at Nikunja tomorrow (Saturday) to see the progress.
Former Chief Adviser Fakhruddin Ahmed laid the foundation stone of the 14-storied building on February 23,2007.
He said the new building will have all modern trading facilities with an upgraded trading capacity network.
"Besides, the new building will have the modern facilities to hold annual general meetings of listed companies and other corporate conferences," he added.
Three basements will be reserved for car parking as 405 cars will be allowed to enjoy the facilities.
The first two floors will be reserved for banks and other financial institutions while there will be a mock trading hall and a media center at the first floor.
The second floor will be exclusively used by DSE office while the third to eleven floors will be allocated for the bourse members.
A part of the 12th and 13th floor will be used for auditorium, members club, health club etc.
DSE has already raised its membership to 238 from 195 to finance the construction of its own building.