Tuesday, 24 January 2017

Pragati Maidan revamp plan okayed

New Delhi: The cabinet committee on economic affairs on Tuesday cleared the redevelopment plan for Pragati Maidan, including a hotel, which will be built on its premises. If everything goes as planned, the existing trade fair venue will have a massive convention centre, an underground parking lot, new access roads and exhibition halls by mid-2019.

L C Goyal, chairperson and managing director of India Trade Promotion Organisation, confirmed to TOI that the approval had been received from CCEA. He said that the implementation of the Rs 2,254-crore project would be put on fast track.

"We will apply for statutory permissions from agencies like DDA, the municipal corporation and DUAC and expect to be able to start the bidding process in the next four-five months, for which we will invite international players as well. In the meantime, we will be able to demolish most of the existing structures, which have been identified for clearance for phase-I of the project. Some portions, like hall number 18, will be retained till the end so that there is space for programmes and exhibitions available at all times," Goyal said.

He added that all states had agreed to hand over their respective pavilions to ITPO, with the Haryana and defence pavilions having already been demolished in October 2016.


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