Building Technology and Ideas Limited (Bti), the leading real estate company in Bangladesh and Shimizu Corporation, a Japanese construction company signed an MoU at the Bti corporate office recently.
Managing Director of Bti FR Khan and Manabu Hirose, general manager, Bangladesh Branch Office of Shimizu Corporation signed the MoU on behalf of their respective organizations, reads a press release.
The top officials from both companies were present during the MoU signing ceremony.
“We believe that this MoU will accelerate our pursuit of excellence and help establish benchmarks in Bangladesh's real estate sector by broadening the arena with cross-border engagements,” said FR Khan, the MD of Bti.
Shimizu Corporation is a globally-reputed construction and planning management company and has successfully constructed several mega projects in Asia.
Recently, they have shown interest to invest in Bangladesh through partnerships with Bangladeshi organizations.
This MoU will benefit Bti and Shimizu in enhancing their technical and financial capacities.
In addition, it will open a new window for foreign direct investment in the real estate sector of Bangladesh.
