Toma Group Explained

Toma Group
Formation:1996
Headquarters:Dhaka, Bangladesh
Region Served:Bangladesh
Language:Bengali
Revenue:৳1000 Crore
US$120 million (2019)
Num Staff:6000 (2020)

Toma Group is one of the leading Bangladeshi construction conglomerate[1] based in Dhaka which specializes in government contracts. Mohammad Ataur Rahman Bhuiyan (Manik) is the chairperson of Toma Group.[2]

History

Toma Group was established in 1996 with the start of Toma Construction & Co. Limited.[3] It is one of two exclusive contractors of Bangladesh Railway, the other is Max Group.[4]

Toma Group established Toma Properties Limited in 2006.

Public Works Department awarded a contract to Toma Group to build health care facilities, a asthma centre and a diabetic hospital, in Bogra District in 2007 for 110 million taka. The project did not start as of 2011 because the Ministry of Health and Family Welfare did not proceed with the project.[5]

Toma construction delayed the construction of a culvert in Hatirjheel project by three months after they subcontracted the project in 2011. They had received the contract from Bangladesh Railway.[6] It had received a contact for the construction of Raimoni-Mymensingh 27 kilometre road for 2.66 billion taka. It had received the contract in partnership with Shamim Enterprise Limited and China Metallurgical Group Corporation.[7]

Bangladesh High Court issued arrest warrant against the governing body head of Siddheswari Boys School and College, Showeb Chowdhury Tapan, on 6 February 2014 after he had rented out the playground of the school to Toma Group. They were using the playground to store construction materials for the Moghbazar flyover.[8] A petition was filed challenging the lease by president of the Siddheswari Home Owners Association challenging the legality of the lease.[9] In April 2014, Toma group started Taxi service in Dhaka along with Trust Transport Services of Army Welfare Trust. The taxis were inaugurated by Prime Minister Sheikh Hasina.[10] In 2014, it signed an agreement with Bashundhara Group to only use their cement in its construction works.[11]

Cabinet Committee on Public Purchase awarded Toma Construction a contract to build 8 buildings in Uttara sector-18 for 3.56 billion taka on 26 March 2015.[12]

A construction worker of Toma Group died while constructing the Mouchak-Moghbazar flyover in March 2017. Bdnews24.com reported that the workers at the construction site lacked adequate safety gear.[13] Bangladesh High Court issued a ruling, on a petition filed by Children's Charity Foundation of Bangladesh on behalf of the injured and dead workers, asking Toma Group why it should be not directed to provide 3 and 5 million taka compensation to the two injured and one dead victim.[14]

In July 2020, Anti-Corruption Commission questioned Toma Construction Limited over the supply of fake N95 respirator masks during the COVID-19 pandemic in Bangladesh.[15]

On 30 December 2020, Department of Environment fined Toma Construction 500 million taka for illegally cutting hills in Lohagara Upazila in Chittagong District.[16] The hills were located inside Chunati Wildlife Sanctuary and were cut in October 2020 as part of the construction of Dohazari-Cox's Bazar railway track.[17] [18] The Director of the Department of Environment stated that they intend to file a case with the environmental court over the incident.[19]

Businesses

See also

Notes and References

  1. Web site: 2016-05-01. Moving Forward with Sustainable Building Technology. 2021-05-23. ICE Business Times. en-US.
  2. Web site: Board of Directors. 2021-05-23. Toma Group. en.
  3. Web site: Toma Group. 2021-05-23. Toma Group. en.
  4. Web site: 2018-04-01. Boost capacity of contractors to speed up projects. 2021-05-23. The Daily Star. en.
  5. Web site: 2011-08-03. Fate of proposed Bogra asthma centre, diabetic hospital in limbo. 2021-05-23. The Daily Star. en.
  6. Web site: 2011-10-01. 3-month job not done in 6 months. 2021-05-23. The Daily Star. en.
  7. Web site: 2011-12-22. Contract suspended hrs after resumption. 2021-05-23. The Daily Star. en.
  8. Web site: 2014-02-06. HC orders arrest of Dhaka school chairman. 2021-05-23. The Daily Star. en.
  9. Web site: Staff Correspondent. bdnews24.com. 'No construction on Siddheswari School ground'. 2021-05-23. bdnews24.com.
  10. Web site: 2014-04-23. PM opens new taxicab service in capital. 2021-05-23. The Daily Star. en.
  11. Web site: BanglaNews24.com. 2014-09-02. Bashundhara-Toma Group sign deal. 2021-05-23. banglanews24.com. bn.
  12. Web site: 2015-03-26. Toma gets contract to build eight buildings for Uttara apartment project. 2021-05-23. The Daily Star. en.
  13. Web site: Masum. Obaidur. Toma Construction takes no safety measures after death in flyover girder fall. 2021-05-23. bdnews24.com.
  14. Web site: 2017-06-07. HC: Why no compensation for Malibagh flyover collapse victims?. 2021-05-23. Dhaka Tribune.
  15. Web site: 2020-07-09. N95 Mask Probe: ACC quizzes officials of two firms. 2021-05-23. The Daily Star. en.
  16. Web site: 2020-12-30. DoE fines Toma Group Tk 50cr for cutting 22m cubic feet of hill in Ctg. 2021-05-23. The Daily Star. en.
  17. Web site: 2020-10-23. Gone are the hills. 2021-05-23. The Daily Star. en.
  18. Web site: 2020-12-31. Toma Group fined Tk 50cr. 2021-05-23. The Daily Star. en.
  19. Web site: 2020-12-30. DoE fines Toma Group 50C for razing hills in Chittagong. 2021-05-23. Dhaka Tribune.