The Much talked Sikder Group expanded more than 30 business ventures together of which investment crosses to Tk 1.5 lakh crore where employing over 6000 local and foreign nationals.
Their business conglomerate from Power, Real Estate, Healthcare, Banking, Insurance, Aviation, Economic Zone, Ports and Restaurant and Media to attain synergistic growth through expansion and diversification.
The group owns National Bank Limited, BEL Construction Sdn. Bhd. Ltd, Power Pac Holdings Ltd., R & R Holdings Ltd, A1 Trade Center, Power Pac Mutiara Keraniganj Power Plant, R & R Aviation, PowerPac Mutiara Khulna Power Plant Ltd., PowerPac Mutiara Jamalpur Power Plant Ltd., Powerpac Keraniganj-II Power Plant Ltd., Z. H. Sikder Womens Medical College & Hospital (Pvt) Ltd., Sikder Real Estate Ltd, Sikder Group Pte Ltd., Inter-Asia Group Pte Ltd., Sikder Holdings Ltd., KOI Restaurant Ltd., R&R Restaurant Group Ltd., Sikder Pharmaceuticals Ltd, A1 Motors Ltd., A1 Workshop Z.H. Sikder University of Science & Technology.
The company in 2018 awarded the work of Building Tk 96,000 crore Central Business District (CBD) project at Purbachal New Town Area
The consortium PowerPac Holdings Ltd. Owned by Sikder Group and Kajima Corporation got allotment of a total of 114 acres of land in Sector-19 of Purbachal New Township Project from RAJUK, the development authorities of capital Dhaka, to build the new commercial hub through an open auction in 2018.
The company in its website said the CBD will be constructed at a cost of Tk 96,000 crore. Out of the total amount, already foreign investment promise worth Tk 60,000 has been received. Construction materials worth Tk 30,000 crore would be used in first two years of the construction, which surely would make a positive impact on overall economy.
Soon after receiving the allotment of the project, PowerPac officials said they signed a contract with Chinese firm – Power China International Group Ltd & Energy China Ltd to appoint them as the construction contractors while world’s seventh largest architect company South Korean Heerim Architect and Planners Co Ltd was engaged as the project architect. French firm Archetype Construction Holdings Ltd was engaged for construction and project management while Bangladesh University of Engineering and Technology (BUET) for soil test mobilization and PricewaterhouseCoopers (PWC) for Project Feasibility Study, Traffic Impact Assessment (TIA) and Socio-environmental Impact Assessment (SEIA), they said.
The Mongla Economic Zone is located nearby Sundarbans, owned by Sikder Group will develop and operate first ever Design, Build, Finance, Own, Operate and Transfer (DBFOOT) basis Economic Zone in Bangladesh.