Bashundhara Group (Bengali: বসুন্ধরা গ্রুপ) is a Bangladeshi conglomerate. It is one of the largest manufacturing companies in Bangladesh. It was incorporated in 1987 as a real estate company venture under the name East West Property Development Ltd (EWPD). The first project of EWPD turned out to be very successful. After then, the company grew very quickly. It presently owns more than 50 major concerns located throughout Bangladesh. Bashundhara Group (Ahmed Akbar Sobhan, is the founder and chairman of Bashundhara Group.) began in 1987 as real estate venture. After its first successful project, Bashundhara invested in new fields, including manufacturing, industry and trading. More enterprises were established in the early 1990s; these included cement, paper, pulp, tissue paper and steel production, as well as LP Gas bottling and distribution. On 4 February 2014, The Bangladesh Supreme Court ordered Bashundhara Group officials to surrender before it on a tax evasion case filed by the caretaker government. On 19 December 2011, Sobhan was sued for 'fraud' by Mohammad Shahjahan over the price of land in Bashundhara. Bashundhara received permission from Bangladesh Economic Zones Authority to set up two specialized economic zones in Keraniganj, Dhaka, Bangladesh. In 2020, Bashundhara invested $143.7 million to build the largest bitumen plant in Bangladesh. This factory was intended to aid the country in becoming self-sufficient in bitumen production. In 2022, Bashundhara invested $546 million into creating Bangladesh's first gold refinery on 470 acres of land near the Dhaka-Purbachal highway More information...
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