VP Naidu lays foundation stone
A 27-meter wide six lane tunnel underneath Pragati Maidan will ease traffic where Delhi will witness the development of International Exhibition-cum-Convention Centre (IECC) and Integrated Transit Corridor Development (ITCD) Project.
Funding has been approved for the ITCD which will lead to traffic decongestion in and around Pragati Maidan, currently a common place for hosting international exhibitions.
The iconic IECC will become a hub for world leaders and businesses to host international events, making Delhi a global city, officials said at the foundation stone laying on 22 Dec 2017.
Unveiling the plaque for the two projects, Vice-President M. Venkaiah Naidu said the IECC will be a state-of-the-art world class complex which was long overdue at a central location in the capital city.
The India Trade Promotion Organization (ITPO) is undertaking the development, estimated to cost Rs.2,600 crores.
It will have 7,000-seat hall, 4,800-car park space, 80,000-sq m exhibition space as well as other supporting infrastructure.
Construction contract has been awarded to leading builders, Shapoorji Pallonji, since Sept 2017, according to media reports. fii-news.com
