Sabrang Exclusive Tourist Zone Project
The Sabrang Exclusive Tourist Zone Project is a tourism and investment project on 10.00 acres of land in the Sabrang Exclusive Tourist Zone at Teknaf, Cox's Bazar. The society has paid BDT 14.81 crore to BEZA from member share funds, and 537 members have purchased shares so far. The project is planned for an international-standard admin resort and five-star hotel in a sea-adjacent tourism environment. The latest share purchase deadline has been extended to 30 June 2026.
Overview
The management committee fixed 30 September 2024 as the deadline for share sale under a decision dated 17 April 2024.
The total number of shares is 4,000. It records 2,962 shares sold to 537 persons, with BDT 14,81,50,000.00 collected from share sales and BDT 31,53,413.00 shown as bank profit.
The society paid 42.2568% of the total lease money as signing money on 21 December 2023, signed the agreement with BEZA on 15 January 2024, deposited another 7.7432% on 10 July 2024, and still has the remaining 50% due at the time of taking possession of the project land.
Key Facts
Milestones
- •Share-sale deadline fixed as 30 September 2024 by decision dated 17 April 2024.
- •Signing money paid on 21 December 2023.
- •Agreement executed with BEZA on 15 January 2024.
- •Additional 7.7432% lease payment deposited on 10 July 2024.
- •A total of BDT 11,97,16,644 has been paid toward the remaining 50% lease money in two installments.
- •Latest share purchase deadline has been set for 30 June 2026.
- •Planned facilities include an international-standard admin resort and a five-star hotel.
Open Items
- •Sell the remaining shares.
- •Prepare for the final 50% lease payment required at land possession.
- •Before public launch, confirm whether the two available render images are officially approved presentation assets.
- •Share purchase process needs to be completed by the latest deadline of 30 June 2026.
- •The international-standard admin resort plan needs to be finalized and implemented.
- •The planned five-star hotel needs design finalization, approval, and implementation planning.
- •Tourism-based development strategy needs to be finalized for the sea-adjacent project environment.
- •Future income generation model for the society needs to be prepared or finalized.
Status Note
The society has paid BDT 14.81 crore to BEZA from share funds, and 537 members have purchased shares. Share mobilization remains open until 30 June 2026; the book does not state verified on-site construction progress.