PARTNERS & GOVERNANCE
Built on trust.
A partnership of Bangladeshi and international institutions, held to account by an independent governor, with every stage open to review.
Payments through escrow
All purchase payments and home-loan funds are paid into a controlled escrow account at a scheduled bank, released only against certified progress.
Independently assured
The plan, the pricing and the construction costs are each reviewed by parties independent of the developer.
Governed at every stage
Four decision gates, a Steering Committee and regular reporting to every participating institution. Programme governance by Finager Fintech, Project Governor.
THE PARTNERSHIP
Developer
PRIDE Group and its landowning companies
Banking
Private commercial, state-owned, multinational and Islamic banks; non-bank financial institutions
Lead bank and escrow
Lead bank, escrow agent and security trustee
Construction
International EPC contractors, specialist trades and suppliers
Design and assurance
International master planning, design and engineering, independent reviewers, valuers and surveyors
Legal and tax
Supreme Court counsel, chartered accountants and tax advisers