Infrastructure’ status for exhibition and convention centres
May 22 , 2021 1210 days 724 0
The Finance Ministry has granted ‘Infrastructure’ status for exhibition and convention centres.
This is expected to ease bank financing for such projects.
The convention and exhibition centres had been included in the harmonised master list of infrastructure sub-sectors under the social and commercial infrastructure sub-sector.
To qualify under the category, projects will require a minimum built-up floor area of 100,000 square metres of exclusively exhibition space or convention space.
Inclusion in the list implies access to concessional funds, promotion of projects and continuity of construction for the specified sub-sectors