CHANDIGARH: Punjab Minister for Industries and Commerce Sanjeev Arora on Wednesday announced the development of a state-of-the-art Multipurpose Exhibition and Convention Centre in Mohali, near here.
“This landmark initiative reflects the government’s commitment to positioning Punjab as a preferred destination for global events and investments, ” Arora said here.
Detailing the project, he said that the Convention Centre will be developed on approximately 14 acres in the heart of Mohali IT City under a Public-Private Partnership model with an estimated outlay of around Rs 250 crore. The project's concession period will be 15 years.
He said the project involves the creation of a state-of-the-art convention centre designed to host large-scale national and international events, with world-class infrastructure and facilities.
The project will be completed in two phases, with Phase I targeted for completion by December 31 and Phase II by December 31, 2027.