The HMDA is in possession of about 34 acres land spread out in three parcels at the National Academy of Construction (NAC) campus at Izzatnagar
Given the city’s emergence as a favoured destination for national and international events, the Hyderabad Metropolitan Development Authority (HMDA) is keen on developing more Meetings, Incentives, Conferences and Exhibitions (MICE) facilities.
The HMDA is in possession of about 34 acres land spread out in three parcels at the National Academy of Construction (NAC) campus at Izzatnagar and the proposal is to come up with international standard MICE facilities here.
The campus already has the Hyderabad International Convention Centre (HICC) and Hyderabad International Trade & Expositions (HITEX) and the new development is planned as ancillary and complementary facility for them.
Over the last decade, the HICC and HITEX have played a key role in promoting the city as a major destination for events, from local to international, with the last successful event being the Conference of Parties (COP-11) in October 2012.
For the proposal to add more ancillary and complementary facilities for the HICC and HITEX, the HMDA is now looking to select consultants to assess the potential and possibilities. The proposal is planned on public private partnership (PPP) mode with zero or minimum investment for the urban planning body.
A market survey is to be carried out to estimate the development in the area and assess the potential for land uses such as commercial, retail, office and recreational. The HMDA also looks at the selected consultants to identify opportunities for mixed land use development and come up with a Concept Plan of Development.