A consortium led by a leading South Korean exhibition organiser, eSang Networks, has won a bid to operate the India International Convention and Exhibition Center (IICC) in New Delhi for 20 years, paving the way for Korean CC operators into overseas markets.
A consortium led by a leading South Korean exhibition organiser, eSang Networks, has won a bid to operate the India International Convention and Exhibition Center (IICC) in New Delhi for 20 years, paving the way for Korean CC operators into overseas markets.
The facility is being built in Dwarka’s Sector 25 at a cost of Rs 25,703 crores and the first phase of its construction — comprising convention centre with a seating capacity of 10,000 guests, two exhibition halls spread over 80,000sqm and a foyer — is expected to get over by 2019.
Apart from L&T, major construction firms such as Shapoorji Pallonji, Tata Projects and Nagarjuna Construction Company had also bid for the first phase of the project, a senior official with the Delhi Mumbai Industrial Corridor Development Corporation (DMICDC), which is the knowledge partner of the project, told FE.
NEW DELHI: Six years after it was first conceived, work on the mega exhibition and convention centre — India International Convention & Expo Centre — will finally commence over the next two months.
A consortium led by South Korea’s leading exhibition organizer eSang Networks Co. has won a bid to operate the India International Convention and Exhibition Center (IICC) for 20 years, paving the way for Korean convention center operators into overseas markets.