The construction sector of Bangladesh has grown considerably during the last two decades, accounting for about 10 percent of the gross domestic product of the country. The sector plays a strong role in the economy amid continued urbanisation. The sector employs 3.5 million Bangladeshi directly and indirectly and also created several dozens of ancillary industries, namely in steel, cement, tiles and sanitary ware, cable and electric ware, paint, glass and aluminium, brick and other building materials.
The Bangladesh Association of Construction Industry (BACI) was established on 19th December, 1995 and registered as a trade body with the Directorate of Trade Organization (Licence No: 88) under the Ministry of Commerce, Government of Bangladesh. It was registered with the Register of Joint Stock Companies as a trade organization on 25th January, 1996 under The Companies Act, 1994. BACI is also “A” class member of FBCCI.
BACI is the premiere association for the construction industry of Bangladesh and is a link amongst all the organizations and firms which currently deal in the development sector of the country as well as the world. BACI is a non-political and non-profit organization. The aim of BACI is to promote the development and well being of the construction sector, namely construction industry of Bangladesh as well as to safeguard the interest of all, especially its members, engaged in development works of the country.
Established in 1995, Bangladesh Association of Construction Industry (BACI) vision is to build Bangladesh with ethics, skills and responsibility. BACI’s mission is to be the national voice for the Bangladeshi construction industry. Maintain the prestige of the construction Industry, namely engineering, contractors, promote mutual cooperation amongst contractors, to protect their rights and interests, and to strive for improvement of construction related legislations, construction related economic policy, as well as construction technology/ technique to contribute towards efficient progress and development of the nation’s construction industry.
BACI is also working with a number of international organizations in the interest of the construction community. BACI is a regular member of the International Federation of Asian & Western Pacific Contractors’ Associations (IFAWPCA). As a member of IFAWPCA, BACI had the honour of hosting the 37th IFAWPCA Convention in Dhaka on March 2009. BACI has been trying to be a very active member and has also enjoyed the constant support & cooperation from the other Member Associations of IFAWPCA.
BACI as trade body always communicate & peruse different govt.\ semi govt. organization and community to achieve the matter of its valued members as well as to represent in socio-economic activities of the country. BACI arrange Construction Exhibition, Seminar, Training and Workshop for the wellbeing of the Construction Sector. BACI also arrange its Annual General Meeting and publish Annual Report every year for its members.