Bangladesh Prime Minister Sheikh Hasina inaugurated the construction of four significant development projects today, including the 10-storey Bangabazar Paikari Nagar Market under the Dhaka South City Corporation (DSCC).
 
The other three projects are the eight-lane Bir Muktijoddha Sheikh Fazlul Haque Mani Sarani from Postogola Bridge to Rayerbazar Sluice Gate, Nazrul Saroni at Dhanmondi Lake, and the modernization of the Hussain Shaheed Suhrawardy Children Park.
 
The construction of the Bangabazar Paikari Nagar Biponi Bitan fulfills the Prime Minister's promise to rebuild a modern market at the site of the Bangabazar Paikari Market, which was devastated by a massive fire on April 4, 2023. The fire destroyed over 2,931 clothing shops, affecting the livelihoods of thousands of traders just weeks before Eid.
 
The new 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 ranging from 80-110 sq ft each. Each floor will 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. The building will also feature an adequate firefighting system and underground parking for 169 cars and 109 motorcycles.
 
Some 2,961 shops will be allocated to the fire-affected shop owners from Bangabazar, Gulistan, Mahanagar, and Adarsha Hawkers Market. An additional 244 shops will be available and allocated through an application process as per the rules. According to the DSCC, the market construction will 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 also spoke at the function.

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