The photo shows a model of a cottage of the planned Tk 260 crore luxury resort to be built by a local developer, Rose Valley, in Savar. Photo: Rose Valley

A local developer will build a Tk 260 crore luxury resort in Savar mainly to accommodate readymade garment business travellers, an official of the company said.
The company, Rose Valley, has acquired 26 acres of land to build a 10-storey complex with 120 rooms, 50 duplex cottages and a business centre to entertain around 250 guests at a time.
The local firm has already submitted its project plan to Bangladesh Parjatan Corporation (BPC) for approval and expects that the project will be completed by 2012 if the plan is approved.
“We want to accommodate the foreigners who visit Savar and Gazipur where over 500 garment factories are located," said Md Shahid Ullah, managing director of Rose Valley.
Buyers, chief executives and other officials of different firms, who frequently visit factories, spend a lot of time to travel from Dhaka.
RMG plant owners have long been underlining the need for such a resort in the busy industrial belt as the city thoroughfares are often gridlocked.
"It becomes a matter of embarrassment for the local businesspeople when their foreign guests are exhausted with the city's acute traffic jam,” Shahid Ullah said.
Also, the city's existing five-star and other luxury hotels lack proper facilities, whereas Rose Valley plans to arrange all types of entertainment to attract the businesspeople, he added.
“We will construct a spacious swimming pool with sauna, steam bath and other facilities. A Thai massage parlour and spa, and jogging, rowing and horse ridding facilities will be there. The resort will also showcase a big aquarium, bird cage and fountain, and greeneries,” Shahid Ullah said.
Standard tennis, badminton and squash courts, modern gym, snooker table, children's playground and a modern theatre are also the parts of the plan.
The company has already signed a deal with a private bank to get a fund of around Tk 60 crore for the project.
The firm has also introduced a unique membership system incorporating non-resident Bangladeshis to arrange a fund of about Tk 125 crore.
The company has plan to get about 5,000 members among which 3,000 will be NRBs who will contribute the amount in the next four years.
The company will sign a memorandum of understanding with the president of NRB Association of Bangladesh in this regard.
Each member will have to pay Tk 10,000 in booking money and Tk 4,000 each month in 60 instalments.
The company also established a safari park in Bhaluka, Mymensingh.
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