US-based KPC business group has expressed its willingness to invest in the construction of an international convention and an exhibition center under a township project at Keraniganj.
Bangladeshi-origin US businessman Dr Kali Pradip Chaudhuri, owner of the KPC Group, is scheduled to meet Finance Minister AMA Muhith on September 7 to submit his proposal, said a senior official of the Finance Division.
According to the proposal, KPC group wants to build an international convention center, a five-star hotel and a private medical university at the proposed site.
Pradip Chaudhuri, who hailed from Sylhet, had expressed his keenness to invest in Bangladesh during a meeting with the finance minister last year.
Meanwhile, the finance minister on August 18 asked the Ministry of Home Affairs and the Ministry of Housing and Public Works to evaluate prices of 95.5 acres of land at Sonakandi muaza under Keraniganj upazilla. In this regard, both the two ministries sent a letter to the Deputy Commissioner of Dhaka district for evaluating the prices of 95.5 acres of land.
Out of 95.5 acres of land, 94.83 would be “khash” land while rest of the land would be acquired from private owners.
KPC group of companies, which was founded in California in late 80’s by Dr Kali Pradip Chaudhuri, is engaged in numerous businesses around the world.
His group is working in diverse industries including healthcare services and facilities, pharmaceutical and biotechnology, education, real estate, infrastructure development, agriculture, architecture and engineering, alternative energy, waste management, travel services and information technology.
In 2010, Dr Chaudhuri and his group acquired a US$70m on four hospitals in California including Western Medical Center in Santa Ana, Western Medical Center in Anaheim, Chapman Medical Center and Coastal Communities Hospital in Orange County. In addition, Dr Chaudhuri successfully acquired two hospitals: Hemet Valley Medical Center and Menifee Valley Medical Center for $172m.
