Prime Minister Sheikh Hasina today (May 25) inaugurated the construction of four development projects, including the 10-storey Bangabazar Paikari Nagar Market building under the Dhaka South City Corporation (DSCC).

The other three projects are the eight-lane Sheikh Fazlul Haque Mani Inner Circular Road from Postogola Bridge to Rayerbazar Sluice Gate, the Nazrul Saroni at Dhanmondi Lake, and the modernization of Hussain Shaheed Suhrawardy Children Park.

By initiating the construction of the Bangabazar Paikari Nagar Biponi Bitan, the prime minister's promise to build a modern market at the site of the burnt Bangabazar Paikari Market, which was destroyed by a devastating fire, has been fulfilled.

A massive fire devastated the Bangabazar Shopping Complex in the capital on April 4, 2023, destroying over 2,931 clothing shops and affecting the livelihoods of several thousand traders just weeks before Eid.

The market will feature a 10-storey building on 106.28 katha of land, with four blocks, five general stairways, six emergency stairways, and 3,213 shops each ranging from 80-110 sq ft.

Each floor will also include a 250 sq ft food court and separate toilet blocks.

The market will have eight lifts - four for passengers and four for goods - and roads around the market will be 7-10 ft wide for easy access.

Additionally, the building will include a comprehensive firefighting system and underground parking for 169 cars and 109 motorcycles.

Approximately 2,961 shops will be allocated to the shop owners affected by the fire from Bangabazar, Gulistan, Mahanagar, and Adarsha Hawkers Market. An additional 244 shops will be available and allocated through an application process according to the rules.

According to the DSCC, the market construction is expected to be completed by December 2026.

LGRD and Cooperatives Minister Md Tazul Islam, DSCC Mayor Barrister Fazle Noor Taposh, Dhaka-8 constituency lawmaker AFM Bahauddin Nasim, and Local Government Division Secretary Muhammad Ibrahim spoke at the event.

BDST: 1125 HRS, MAY 25, 2024
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