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Infrastructure’ status for exhibition and convention centres
May 22 , 2021
1424 days
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- 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
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