The development works of a mega-project to tap tourism potential would soon start in Bangladesh’s sea beach town of Cox’s Bazar.
The project includes construction of some structures like a five star hotel on 160 acres of land owned by Hotel Shaibal.
Official sources said the structures also include setting up of tourism villages, construction of another three star hotel and an 18-hole golf course of international standard.
A cost of Tk500m has been estimated initially and the proposal is likely to be placed at the meeting of Cabinet Committee on Economic Affairs this week.
Under a 10-year master plan taken to develop Cox’s Bazar and Kuakata to world class tourist spots, the project will be implemented by Bangladesh Parjatan Corporation through private-public partnership initiative, said the sources.
“The project works will begin soon. Prime Minister has taken it as one of her priority projects,” Faruk Khan, Minister for Civil Aviation and Tourism, told the Dhaka Tribune.
Sources said an unsolicited bidder Inter Asia Group Pte Ltd will construct the projects in two years. A proposal in this regard will be placed at the meeting of Cabinet Committee on Economic Affairs.
The minister informed that investors from the Middle-East, Thailand and Singapore have showed interest in the project.
As per a government decision, Bangladesh Cricket Board will administer matches of ICC T-20 Cricket Tournament by building temporary establishments on Shaibal Hotel’s land and remove the structures after the end of the matches.
Sources said the master plan focuses on the development of five places of the district’s Ramu, Ukhiya, Teknaf, Saint Martin’s and Shah Pori’s Island.
The Shah Pori’s Island will be an exclusive beach for the foreign tourists.
“We have divided Cox’s Bazar sea beach into four categories,” Faruk Khan said earlier. The categories include exclusive, concert and ordinary beach zones.
Meanwhile, the cabinet had approved a draft of Cox’s Bazar Development Authority Act, 2012 last year to bring the country’s sea-beach town under the planned development.
Tariff has been reduced to 5% from 70% on the import of beach tourism products in the current fiscal year.
Besides, the public works ministry has already prepared additional plans to establish new infrastructures and introduce other facilities in Cox’s Bazar and Kuakata without affecting the natural beauty and resources.