Posted by: Singh Is King | Tuesday, August 28, 2007

World trade centre for Mohali

Punjab government not only plans to woo back the fleeing investors, but has all the intentions of keeping them moored here — by setting up a World Trade Centre (WTC) in Mohali.

Chief secretary Ramesh Inder Singh told TOI that the government was in the process of establishing a WTC in Mohali and would also go in for a habitat centre on the lines of India Habitat Centre, but on a smaller scale than its Delhi counterpart.‘‘The WTC would be built on public-private partnership (PPP) mode, and we are going to invite expression of interests in the coming days,’’ Singh stated. A 9-acre patch of land, belonging to PSIEC, has been earmarked for the project.

The Mumbai-based World Trade Centre had approached Punjab government sometime back and offered to build the establishment provided the state government offered them land. It had also offered to get the new establishment affiliated with the international body. The state government is yet to accepted the offer. ‘‘We are in touch with them, but have not finalised any deal, the CS said.

It is learnt that Punjab Infrastructure Development Board (PIDB) is being made the executing authority for the ultra-modern project — likely to be a skyscraper — which would have corporate offices, community centres and exhibition facilities for the benefit of big corporate companies.

For the habitat centre, the Greater Mohali Area Development Authority (GMADA) would be signing a memorandum with HUDCO, which had built the India Habitat Centre in South Delhi.

The centre would house recreational facilities for the corporate crowd. The centre would also have clubs, gyms and other avenues of entertainment, the CS revealed.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s


%d bloggers like this: