Sunset Bay Limited will build a 10-storey five-star hotel at Sabrang Tourism Park with an investment of $19.2 million.
Sunset Bay Limited signed a land-lease agreement with Bangladesh Economic Zones Authority (BEZA) at BEZA office in the city to establish the five-star hotel over 1 acre of land in the zone at Teknaf.BEZA Executive Chairman Paban Chowdhury and Sunset Bay Limited Chairman Ishtiaq Ahmed Patwary were present at the signing ceremony, said a BEZA press release.
Sources at BEZA said that the group will build the 10-storey five star hotel having 370 rooms, swimming pool, restaurant, convention centre, bar and leisure spots.
The hotel will create employment for around 350 people.Sabrang Tourism Park will be the first exclusive tourism park at Teknaf of Cox’s Bazar encompassing an area of 1027 acres. Sabrang is an amazing hill and sea beach territory, multifaceted diverse and admirably beautiful. The purest air, lofty hill, sea and lagoon create perfect conditions for the development of all types of tourism and entertainment.