Bashundhara Group
Real Estate, Manufacturing, Media, Logistics, and Sports
Bashundhara Group, launched in 1987 as East-West Property Development (Pvt) Ltd, has grown into one of Bangladesh’s most expansive conglomerates. With a portfolio of over 50 diverse entities, the group has become a major employment provider, sustaining over 700,000 jobs nationwide.
The Early Days of Real Estate Success
The foundation of Bashundhara Group was laid with a focus on real estate, responding to the housing shortage in the burgeoning city of Dhaka. Their first venture in 1987 offered quality homes at affordable prices, quickly earning the trust and support of the local community. This early achievement provided a stable platform for subsequent growth and diversification.
Prompted by their initial success, the group broadened its scope to include various sectors, all underpinned by the ethos, "For the People, For the Country." This mission guided their expansion and deepened their commitment to contributing positively to the lives of the Bangladeshi people.
Expanding Into Manufacturing and Trading
In the early 1990s, Bashundhara Group entered the manufacturing and trading arenas, producing essential commodities such as cement, paper, tissue, and liquefied petroleum gas (LPG). Their commitment to quality in these new ventures reinforced their reputation and expanded their market presence.
The listing of Meghna Cement Mills Limited on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) in the early 2000s marked a significant milestone for the group. This move facilitated further capital investment for expansion and enhanced its credibility within the financial community. Meghna Cement Mills remains a testament to the group’s enduring success in consistently delivering shareholder value.
Creating New Opportunities in Real Estate
With continuous growth, Bashundhara Group launched more innovative real estate projects, focusing on customer-centric developments. Their dedication to understanding and meeting customer needs has been crucial to their continued success in this sector.
Bashundhara City Development Ltd. (BCDL), a landmark project, features a large shopping mall and recreational center in Dhaka. This complex is a prime example of Bashundhara’s innovative approach, integrating shopping and entertainment to serve the diverse needs of modern consumers.
The Rise of East West Media Group
In 2009, Bashundhara Group ventured into the media sector by establishing East West Media Group Ltd. This media division manages prominent Bangladeshi publications such as "Kaler Kantho" and "Bangladesh Pratidin," the English daily "Daily Sun," and the online news portal "banglanews24.com." It also includes broadcasting arms like News24, Bangladesh’s leading news channel; T Sports, the first dedicated sports channel; and Radio Capital, an FM radio station with varied programming. These media outlets have significantly shaped public discourse in Bangladesh.
Industrial Contributions and Innovations
Beyond real estate and media, Bashundhara Group has significant operations in sectors like Ready-Mix Cement, Toiletries, Paper, LPG, Oil and Gas, and Food. The group ensures the delivery of high-quality construction materials, personal care products, and food items, supporting the infrastructure and daily needs of the Bangladeshi population.
Awards and Recognitions
Bashundhara Group’s commitment to quality and excellence has been recognized with numerous awards. Notably, Bashundhara Tissue and Bashundhara LPG Gas have repeatedly won the "Best Brand Award." In 2023, four of its products were honored with "Superbrands" status, and the group itself was named the "Best Business Conglomerate Group" in 2021.
Philanthropy and Social Responsibility
The group’s philanthropic arm, the Bashundhara Foundation, engages in various initiatives to improve education, healthcare, disaster relief, and sustainable development. The foundation's efforts include empowering tea workers in Bangladesh and providing essential training and resources to foster self-reliance among marginalized communities. Additionally, the foundation has distributed hundreds of thousands of meals, offered extensive medical assistance, and supported numerous educational projects.
Vision Shaping the Journey
Aiming to become the largest business entity in Bangladesh and a prominent player globally, Bashundhara Group is committed to creating job opportunities and enhancing the nation’s economic and social landscape. Guided by values of patriotism, integrity, fairness, and dedication to service, the group continues to inspire and empower its workforce to achieve excellence, driving forward with a clear vision and steadfast purpose.
The Early Days of Real Estate Success
The foundation of Bashundhara Group was laid with a focus on real estate, responding to the housing shortage in the burgeoning city of Dhaka. Their first venture in 1987 offered quality homes at affordable prices, quickly earning the trust and support of the local community. This early achievement provided a stable platform for subsequent growth and diversification.
Prompted by their initial success, the group broadened its scope to include various sectors, all underpinned by the ethos, "For the People, For the Country." This mission guided their expansion and deepened their commitment to contributing positively to the lives of the Bangladeshi people.
Expanding Into Manufacturing and Trading
In the early 1990s, Bashundhara Group entered the manufacturing and trading arenas, producing essential commodities such as cement, paper, tissue, and liquefied petroleum gas (LPG). Their commitment to quality in these new ventures reinforced their reputation and expanded their market presence.
The listing of Meghna Cement Mills Limited on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) in the early 2000s marked a significant milestone for the group. This move facilitated further capital investment for expansion and enhanced its credibility within the financial community. Meghna Cement Mills remains a testament to the group’s enduring success in consistently delivering shareholder value.
Creating New Opportunities in Real Estate
With continuous growth, Bashundhara Group launched more innovative real estate projects, focusing on customer-centric developments. Their dedication to understanding and meeting customer needs has been crucial to their continued success in this sector.
Bashundhara City Development Ltd. (BCDL), a landmark project, features a large shopping mall and recreational center in Dhaka. This complex is a prime example of Bashundhara’s innovative approach, integrating shopping and entertainment to serve the diverse needs of modern consumers.
The Rise of East West Media Group
In 2009, Bashundhara Group ventured into the media sector by establishing East West Media Group Ltd. This media division manages prominent Bangladeshi publications such as "Kaler Kantho" and "Bangladesh Pratidin," the English daily "Daily Sun," and the online news portal "banglanews24.com." It also includes broadcasting arms like News24, Bangladesh’s leading news channel; T Sports, the first dedicated sports channel; and Radio Capital, an FM radio station with varied programming. These media outlets have significantly shaped public discourse in Bangladesh.
Industrial Contributions and Innovations
Beyond real estate and media, Bashundhara Group has significant operations in sectors like Ready-Mix Cement, Toiletries, Paper, LPG, Oil and Gas, and Food. The group ensures the delivery of high-quality construction materials, personal care products, and food items, supporting the infrastructure and daily needs of the Bangladeshi population.
Awards and Recognitions
Bashundhara Group’s commitment to quality and excellence has been recognized with numerous awards. Notably, Bashundhara Tissue and Bashundhara LPG Gas have repeatedly won the "Best Brand Award." In 2023, four of its products were honored with "Superbrands" status, and the group itself was named the "Best Business Conglomerate Group" in 2021.
Philanthropy and Social Responsibility
The group’s philanthropic arm, the Bashundhara Foundation, engages in various initiatives to improve education, healthcare, disaster relief, and sustainable development. The foundation's efforts include empowering tea workers in Bangladesh and providing essential training and resources to foster self-reliance among marginalized communities. Additionally, the foundation has distributed hundreds of thousands of meals, offered extensive medical assistance, and supported numerous educational projects.
Vision Shaping the Journey
Aiming to become the largest business entity in Bangladesh and a prominent player globally, Bashundhara Group is committed to creating job opportunities and enhancing the nation’s economic and social landscape. Guided by values of patriotism, integrity, fairness, and dedication to service, the group continues to inspire and empower its workforce to achieve excellence, driving forward with a clear vision and steadfast purpose.