INTERNATIONAL EXHIBITION AND CONVENTION CENTRE (IECC)

About:

• The Union Cabinet has authorised ITPO to transfer land at Pragati Maidan on a 99 year fixed leasehold basis at a price of Rs. 611 crore in favour of the SPV, which will be formed by India Tourism Development Corporation (ITDC) and Indian Railway Catering and Tourism Corporation (IRCTC) for development and operation of a five-star hotel.
  
  
• The implementation of the International Exhibition and Convention Centre (IECC) project is in full swing and is scheduled to be completed in the year 2020-21.
  
  
• India Trade Promotion Organisation (ITPO) is implementing its mega project of redevelopment of Pragati Maidan into world-class IECC.
  
  
• The hotel facility is an integral part of IECC project which will promote India as a global Meetings, Initiatives, Conferences and Exhibitions (MICE) hub.