BANGLADESH NEWS
DHAKA: Former advisor of caretaker government Dr Akbar Ali Khan categorically said it is vital to make it more innovative to face the challenges of 21st century as the housing industry has immense potential in the country
The eminent economist of the country came up with the observation at a press conference organized by Group Ownership, a sister concern of Building Technology and Ideas Ltd, held at BTI celebration point on Saturday noon.
He said, “The major problem of Bangladesh is that no work is done coordinately, moreover the housing sector did not get expected government initiation and this sector would have much growth with public-private joint initiatives.”
The former bureaucrat said housing industry of the country would expand more if the comprehensive initiative of the private-public is taken.
But, the government did not take such an initiative to develop the sector though the sector has an enormous potential, he alleged.
Later, he emphasized on a government commission to solve the problems of the housing sector.
Addressing the press conference, Managing Director of BTI FR Khan said, “BTI has opened a new dimension in country’s housing sector and we want to give opportunity to the people to be our partner.”
“Through our ‘Group ownership’ one can be owner of apartment partly and on the other hand one will get profit at fixed rate as per investment level,” he said.
The managing director also told the journalists, in group ownership, one can get monthly rent by investing minimum Tk 10 lakh and he/she would be partly owner of the apartment.
And after 3/6 years maturity period, he would get a portion of profit after selling the apartment, the journalists were told.
With BTI General Manager Ayesha Siddiqua moderated the press conference.
North South University Dean Dr ATM Nurul Amin and Engineer FR Khan also spoke at the press meet.
The eminent economist of the country came up with the observation at a press conference organized by Group Ownership, a sister concern of Building Technology and Ideas Ltd, held at BTI celebration point on Saturday noon.
He said, “The major problem of Bangladesh is that no work is done coordinately, moreover the housing sector did not get expected government initiation and this sector would have much growth with public-private joint initiatives.”
The former bureaucrat said housing industry of the country would expand more if the comprehensive initiative of the private-public is taken.
But, the government did not take such an initiative to develop the sector though the sector has an enormous potential, he alleged.
Later, he emphasized on a government commission to solve the problems of the housing sector.
Addressing the press conference, Managing Director of BTI FR Khan said, “BTI has opened a new dimension in country’s housing sector and we want to give opportunity to the people to be our partner.”
“Through our ‘Group ownership’ one can be owner of apartment partly and on the other hand one will get profit at fixed rate as per investment level,” he said.
The managing director also told the journalists, in group ownership, one can get monthly rent by investing minimum Tk 10 lakh and he/she would be partly owner of the apartment.
And after 3/6 years maturity period, he would get a portion of profit after selling the apartment, the journalists were told.
With BTI General Manager Ayesha Siddiqua moderated the press conference.
North South University Dean Dr ATM Nurul Amin and Engineer FR Khan also spoke at the press meet.
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