According to the Vice President of India, M. Venkaiah Naidu- growing and vast economy like India needs high quality venues to host Government to Government, Business to Business and Business to Consumer events. He was addressing a gathering after laying foundation stone for International Exhibition-cum-Convention Center (IECC) and Integrated Transit Corridor Development project at Pragati Maidan, on 22 December 2017. The Union Minister for Commerce and Industries, Suresh Prabhu and other dignitaries were present on the occasion.
The Vice President said that the city of Delhi and NCR region do require such modern facilities of international standards to attract major events from across the world. He further expressed his confidence that this complex would evolve as one of the best managed convention and exhibition complexes in the world.
The Vice President said that the IECC Project will further strengthen and diversify roots of Indian trade in India and promote abroad. He further said that government has undertaken a series of economic reforms in the last few years such as Goods and Services Tax, Make in India, Startup India and Fund of Funds for Startups, Digital India and liberal FDI regime have significantly improved domestic business and investment climate which have led to huge investment inflows into India.
Vice-President of India M. Venkaiah Naidu unveiled plaques to mark the laying of the foundation stones of the International Exhibition-cum-Convention Centre (IECC) & Integrated Transit Corridor Development Project in New Delhi. The Vice President emphasised the need for such convention and exhibition facilities in other cities as well. Linking the initiative to Prime Minister’s slogan to Reform, Perform and Transform, he said it was aligned with the basic objectives of development and good governance.
Here, Commerce and Industry Minister Suresh Prabhu emphasised the importance of such projects for propelling India into a new trajectory of growth and development. He said the facilities which are going to be created by ITPO as part of IECC, are really in the spirit of what Modern India should be. India will be able to truly showcase its prominent position in international trade and business through such exhibition halls. He said that the convention centre will be an exhibit in itself for New India.
Further, Hardeep S. Puri, Union Minister of State (I/C) Ministry of Housing and Urban Affairs emphasised the role of his Ministry in approving and funding the Integrated Transit Corridor Development Project which will lead to traffic decongestion in and around Pragati Maidan. This project will provide an alternative to Bhairon Marg through a 27 mtrs. wide six lane tunnel underneath Pragati Maidan connecting Purana Qila Road to Ring Road, while Mathura Road will be signal free from W point to DPS. MoS (I/C) said that IECC is going to be an iconic centre which will draw visitors for its own beauty and help Delhi assume its rightful role as a Global City where world leaders and businesses want to stage International Events.
C.R. Choudhary, Union Minister of State for Commerce & Industry stated that the Prime Minister has laid emphasis on development of infrastructure to achieve the larger goal of inclusive growth and development. He appreciated the role of Chairman of ITPO, Shri L.C. Goyal for construction of this landmark structure at such an amazing pace to be completed within two years.
L.C. Goyal, CMD, ITPO said that the complex would be a new landmark in the capital city of Delhi and more significantly a unique symbol of New India envisioned by the Prime Minister of India. He further added that it is a big day for ITPO, and it will be a bigger day when they deliver these projects of national importance and superior quality by September’ 2019.
Other Dignitaries present on the occasion were P.K. Sinha, Cabinet Secretary, Rita Teaotia, Commerce Secretary, Durga Shankar Mishra, Secretary, Housing and Urban Affairs, A.K. Mittal, CMD, NBCC & Sarvagya Srivastava, Engineer-in-Chief, PWD, Government of Delhi.