B2B
Matchimaking
Platform

South City Corporation
Sheikh Hasina International Convention Center (50 Storied) at Peninsula Part, Kamrangirchar
Project Cost:
1 Billion
Debt : Equity Ratio :
90 : 10
Operation Date:
Work Period:
6 Years
Payback Period:
Design Life:
30 Years
1. Project Assets Approximately 12-acre Government Khas land, Geographical location
of the project(peninsula), River Bank.
2. EPC/Supplier/Implementig authority DSCC & others
3. Project/SPV/Company ownership structure DSCC
4. Location, area, size Approximate 71-acre area in ward no.57 of DSCC
5. Project size/capacity 1,71,85,200 SFT (Approximate)
6. Implementation schedule, commercial operation Land Acquisition & Resettlement – 2 years Land & other facility
development – 1 year Construction period – 3 years In total – 6 years
7. Regulatory body, other rules/ permissions DSCC, BIWTA & GoB

 

  1. Economic, social, environment and development impact Economic Impact:

 

NPV BDT 2935 million, Lowest IRR: 18.4%, Lowest BCR 1.29 Social, Environmental and Development Impact:

The Kamrangirchar is located on the banks of the river Buriganga. This significant location consists of 3 wards (55, 56 & 57). The Ward 57 is a

Peninsula and its development will improve the environment by plantation, ecological landscaping, planned drainage system, vehicular free pedestrians etc.

 

The water network around the peninsula will facilitate water-based communication and related recreations. With the establishment of CBD, the commercial and business activities is expected to increase job opportunities for many. These activities are expected to improve the livelihood and social conditions of the inhabitants.

 

Determine the level of social impact and for social impact management a Resettlemrnt Action Plan (RAP) will be prepared that will give us a way out to avoid all the adverse impact of this project.

  1. Pro-forma financial model

To be developed

 

10.  Project cost compact breakdown
PENINSULA BOUNDARARY AREA 3124582.03 sft (71.73 acre)
BIWTA RIVER EDGE BUFFER 653906.33 sft (15.01 acre) (20.93%)
BUILDING FOOTPRINT 627094.68 sft (14.39 acre) (20.06%)
PLAZA & PROMENADE 761565.08 sft (17.48 acre) (24.37%)
ELEVATED WALKWAYS 48775.57 sft (1.12 acre) (1.56%)
PARKING 635159.56 sft (14.58 acre) (20.33%)
2500 nos. of car in one floor
5000 nos. of car in two floors
GREEN 1189093.34 sft (27.29 acre) (38.05%)
TOTAL GREEN AREA BIWTA river edge buffer green + green
MAIN ACCESS ROAD (not in site boundary)
ESTEMATED COST FOR LAND PURCHASE
AREA BOUNDARARY 31,24,582.03 sft (71.73 acre)
BIWTA RIVER EDGE BUFFER 6,53,906.33 sft (15.01 acre)
EXISTING INTERNAL ROAD NETWORK (-)2,66,151.6 sft (6.11 acre)
EXISTING INTERNAL KHAS LAND (-)2,50,034.4 (5.74 acre)appx.
TOTAL GOVT. LAND 2,66,151.6 + 2,50,034.4 = 5,16,186 sft
11.58 acre
TOTAL LAND HAVE TO BUY 31,24,582.03 – ( 2,66,151.6 + 2,50,034.4)
31,24,582.03 – 5,16,186 = 26,08,396.03 sft
59.88 acre
TOTAL LAND COST as per MOUZA (12,00,000 tk/katha)
Privet land Govt. have to pay three times value for privet land
12,00,000 X 3 = 36,00,000 tk per katha
36,00,000 X 60.5 = 21,78,00,000 tk per acre
21,78,00,000 X 59.88 = 1304,18,64,000 tk.
ESTEMATED COST FOR 25% AREA OF TOTAL LAND = 781145.50 sft
INFUSTRUCTURE DEVELOPMENT
ROAD, DRANAGE, FIVER OPTICS 7,81,145.50 X 1500 = 117,17,18,250 tk.
UTILITY CONNECTIVY
TOTAL BUILDING CONSTRUCTION AREA
(as per law) 3124582.03 X 5.5 FAR = 1,71,85,201.17 sft
TOTAL BUILDING CONSTRUCTION COST 1,71,85,201.17 X 5,000 = 8592,60,05,825.0 tk
TOTAL COST FOR PENINSULA DEVELOPMENT 1304,18,64,000 + 117,17,18,250
+ 8592,60,05,825+ 10013,95,88,075 tk.
GOVT. REVENUE
SELL VALUE 1,71,85,201.17 X 20,000 = 34370,40,23,400 tk.
PROFIT 34370,40,23,400 – 10013,95,88,075
24356,44,35,325 tk

 

  1. Financing Structure and source

 

To be negotiated

 

  1. Any other key highlights

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