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Bida opens lounge at Shahjalal Airport for foreign investors Around Tk2 crore has been spent on building the lounge, according to Bida officials The Bangladesh Investment Development Authority (Bida) has introduced a lounge at the Hazrat Shahjalal International Airport for foreign investors and commercially important foreigners. Salman Fazlur Rahman, the private sector industry and investment adviser to the prime minister inaugurated the Bida-Chameli Lounge on Monday as the chief guest. He said the lounge has been established to provide better service for foreign investors when they arrive at the airport. "The lounge will remain open 24 hours a day. Bida officials will welcome foreign investors at the airport and accompany them on the way towards the lounge. Existing foreign investors and commercially important persons of other countries will also enjoy this facility. Speaking at the event, Bida Executive Chairman Md Sirazul Islam said they are working to build a developed Bangladesh by attracting foreign investment. "The lounge is a part of these activities." Around Tk2 crore has been spent on building the lounge, according to Bida officials. Among others, Civil Aviation and Tourism Secretary Mohibul Haque, Metropolitan Chamber of Commerce and Industry President Barrister Nihad Kabir, Executive Director of the Foreign Investors' Chamber of Commerce and Industry TIM Nurul Kabir, and senior Bida officials were also present at the event.

Samsung to build Shahjalal int’l airport terminal 3 Samsung Construction & Trading (C&T) Corporation, the construction unit of Samsung Group, has won the project for building Terminal 3 of Hazrat Shahjalal International Airport in Dhaka. Terminal 3 will be built on the south side of the airport’s main terminal at an estimated cost of Tk 214 billion, of which the government will provide Tk 50 billion, while the rest will be funded by the Japan International Cooperation Agency (JICA). Sumsung yesterday disclosed the information in a press release. About 20 million passengers will be able to travel through the airport annually after the completion of Terminal 3 likely by 2023. Samsung C&T Corporation has received a budget of Tk 50 billion ($1.6 Billion) for the project. Samsung C&T Corporation has built an extensive portfolio of construction achievements through the use of the most advanced techniques and technologies available and capable of building everything from skyscrapers to the airport, medical facilities, irregular buildings, and even state-of-art manufacturing facilities, the press release said. Samsung C&T Corporation has built famous structures like Burj Khalifa, Petronas Twin Tower, Taipei 101, Terminal 4 of Changi Airport at Singapore, Incheon International Airport at South Korea, Cleveland Clinic Abu Dhabi, and many more. Moreover, Samsung Electronics Bangladesh, another concern of the Samsung Group, has been operating in the country for the past 10 years. Now they are assembling a range of Samsung smartphones at a hi-tech factory in Narsingdi for the local market and have established a research and development center in Dhaka.