Chief Minister B.S. Yeddyurappa visits Palace Grounds, the venue of the event
Bangalore:As the city is gearing up for the Global Investors' Meet 2010, with roads being repaired and banners being put up, Chief Minister B.S. Yeddyurappa, on Tuesday, visited the Palace Grounds to inspect the preparations for the mega event to be held on June 3 and 4.
Expressing satisfaction about the progress in works at the venue, he announced the latest figures of the expected investment and participants.
“We are expecting close to 3,000 investors and an investment of around Rs. 4 lakh crore,” he said. Mr. Yeddyurappa also said that his party would be celebrating the second year of the BJP regime in the State on June 15.
V.P. Baligar, Principal Secretary, Department of Industries and Commerce, added that 400 memoranda of understanding are likely to be signed at the meet.
Speaking about the accommodation of the guests, Mr. Baligar told The Hinduthat the star hotels in the city have agreed to offer services at revised rates for the meet. “We strongly believe in the concept of athiti devo bhava. The Government has made arrangements for those who have been invited as chief guests,” he said.
Abbas Khan of Amanullakhan's Sons, the company that has been entrusted with the construction of the infrastructure for the meet, said that the venue would have one main hall to accommodate 3,000 people, four main session halls with a capacity of 400 people each, an exhibition area to hold 120 stalls, a dining area, lounges for meetings, a room for signing MoUs, along with space for registration and a media centre.
“The preparations started two weeks back and will be completed by the end of this month,” said Mr. Khan, and added that the Horticulture Department had been given the responsibility of decorating the venue.
He also said that the catering would most likely be looked after by the Windsor Manor Hotel.