Concord, the commercial company in Bangladesh, has recently achieved the highest credit rating of AA + in the real-estate sector, said a press release.
Credit rating defines the ability to fulfill a business's financial obligations in competencies within the due time period. Based on the information, it gets easier for a customer to have a proper idea about the company and its ability to fulfill the project needs. The AA+ rating indicates that Concord is one of the most efficient and investment-worthy real-estate companies in Bangladesh. According to the Credit Rating Agency, Concord is one of the developers in Bangladesh with AA+ rating and has good business practices with prudent financial management capacity.
The company is renowned for being a leading real-estate and construction company in Bangladesh and serving for more than 47 years. Concord has successfully completed more than 1,200 projects and handed over more than 12,000 residential and commercial units to customers till now.
Having concern about the environment, Concord is the first in Bangladesh to start production of eco-friendly construction materials. The company haven't used any traditional terracotta bricks in the last 20 years in their projects. A satellite township known as "Lake City" has been successfully built with 100 per cent eco-friendly building materials which were widely popular.
Concord won the "National Environment Medal of the Government of Bangladesh" back in 2020 for keeping up the balance between not polluting the environment and manufacturing environment friendly construction materials. The company is a forerunner not only in the production of eco-friendly building materials but also in the field of entertainment. Concord founded Fantasy Kingdom, the first Bangladeshi theme park situated in Ashulia, near Dhaka and Foy's Lake Concord Amusement World, the largest amusement park in Chittagong - for entertainment purpose and as tourist spot for all ages. These two parks were also built with eco-friendly construction materials.
Concord is a trusted name in the real-estate industry. It has also earned a reputation for completing projects within the proposed timeline while maintaining the quality of work. The company has also accomplished a number of impressive projects within Bangladesh and overseas.
The National Monument at Savar, Singtel Building (Singapore), World Trade Center, The National Indoor Stadium, Hazrat Shahjalal International Airport, The Bangabhaban, Police Plaza Concord, Shilpa Bank Bhaban, IDB Bhaban, Life Insurance Tower - are some of the well-known accomplished projects of Concord.
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