Merlin Group has been chosen by the World Trade Center Association (WTCA) to develop the first World Trade Centre (WTC) in Eastern India.
The proposed World Trade Center will be located in the Nabadiganta Industrial Township Authority (NDITA) area, Salt Lake, West Bengal. The licence agreement for WTC was exchanged between Scott Wang, vice-president, World Trade Center Association, Asia Pacific region, and Sushil Mohta, chairman, Merlin Group and Saket Mohta, MD, Merlin Group.
According to Wang, the development will support in attracting business with overseas countries and also promote trade and business through 320 World Trade Centers spread over nearly 100 countries across the world.
According to Mohta, the proposed World Trade Center will reinforce the economic prosperity of West Bengal as well as Eastern India by forging collaboration with international trade bodies and investors from other countries through other World Trade Center members. The proposed World Trade Center will contribute significantly to the State Exchequer and will create 30,000 jobs.
The proposed World Trade Center will spread over 3.5 million sqft, with an investment of Rs 1,500 crore. It will be an iconic state-of-the-art facility with World Trade Center branded services, including trade information, trade education and research, inbound and outbound trade missions, business services, tenant services, international business club, conference facility, convention and services and exhibition.
In India, the oldest World Trade Center is in Mumbai. Other World Trade Centers in the country are in Bangalore, Chennai, New Delhi, Noida, and Pune.
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