Uttara ICC Project
The Uttara ICC (Uttara Trade Center) Project is a RAJUK-allocated institutional plot in Uttara 3rd residential area, Sector 17/H-1, Road 3, Plot 8, measuring 1.25 acres. RAJUK granted multipurpose-use permission on 03.01.2024. Current work focuses on condition relaxation, technical and legal preparation, and selection of suitable investors/share-providing organizations through an RFP process.
Overview
The Uttara ICC plot is an institutional plot, and a letter was sent to the Secretary of the Ministry of Housing and Public Works requesting approval for multiple uses.
That request was approved in RAJUK Board Meeting 19/2023, and the approval letter for mixed use was issued on 03 January 2024.
Responsibility has been assigned to the President to sign an MoU with ASSURE Group, on a 50% share partnership basis, for construction of two identical 14-storey commercial buildings with podium levels on floors 1 to 3, and to complete registration of the power of attorney through RAJUK.
Key Facts
Milestones
- •Multiple-use request processed and approved through RAJUK Board Meeting 19/2023.
- •Mixed-use approval letter issued on 03 January 2024.
- •Development structure identified around a 50% share partnership with ASSURE Group.
- •Society issued a letter regarding condition 16(kha) relaxation on 05.03.2025.
- •RAJUK responded regarding the relaxation process on 08.09.2025.
- •Management committee discussed the matter on 30.08.2025.
- •A 5-member subcommittee was formed on 18.09.2025.
- •RFP was published on 31.03.2026.
- •RFP pre-bid meeting was held on 20.04.2026
- •Proposal submission deadline was extended to 21.05.2026.
Open Items
- •Send the letter canceling clause 16(kha).
- •Execute the MoU with ASSURE Group and complete power-of-attorney registration through RAJUK.
- •Final outcome of condition 16(kha) relaxation process needs to be confirmed.
- •RAJUK-related follow-up may be required after the response dated 08.09.2025.
- •The 5-member subcommittee’s recommendations or report need to be finalized
- •RFP evaluation, consultant/developer selection, and final approval need follow-up after the extended deadline of 21.05.2026.
- •Proposed facilities need to be finalized in the approved design and implementation plan.
- •Implementation plan for hotel, restaurant, shopping mall, bank-insurance facilities, seminar hall, and convention center needs to be prepared or finalized.
Status Note
Multipurpose-use permission has been obtained. Condition 16(kha) relaxation, technical and legal preparation, and selection of suitable investors or share-providing organizations through the RFP process are continuing.