Chief Minister Naveen Patnaik on Tuesday laid the foundation stone for a convention-cum trade zone, which is likely to be a landmark structure in the State. The project entails an investment to the tune of Rs. 300 crore.
“A World Trade Centre, having office and commercial spaces, will be built beside the Fortune Tower and it will form part of this facility. A 1.7-km skywalk will connect the convention center to the nearby hotels and the World Trade Centre. The project will be implemented in three years time with an investment of more than Rs 300 crore,” said Mr. Patnaik.
He also announced the commencement of operation of WTC, Bhubaneswar.
“This will be the fifth WTC to be operationalised in India and it is being facilitated by WTC, Mumbai. With the setting up of this, WTC Bhubaneswar will become the part of ‘One Global Network’, spanning 100 countries and 343 WTCs across the globe,” he said.
“WTC, Bhubaneswar, will act as a catalyst for local business and global organisations to network, explore new joint ventures and collaborations in technology and investment. It will promote entrepreneurship in the domain of export-import, particularly in IT, electronic hardware manufacturing, metal based downstream and ancillary industries, handloom and handicraft, seafood processing industries and other export oriented initiatives.”
Speaking on the occasion, Industries Minister Debi Prasad Mishra said WTC Bhubaneswar will spur trade, commerce and tourism in the State with Industrial, Infrastructure and Development Corporation acting as a facilitator.
Among others, Y. R. Warerkar, executive director of World Trade Centre, Mumbai and Vishal Dev, State industries secretary spoke on the occasion.
