The
project is proposed to be implemented through a Public-Private
Partnership (PPP) model where the developers would enter into a
Development / Concession Agreement with the State Government to
jointly design, develop, finance, operate and maintain the Project
Facilities over a predetermined concession period. It is envisaged
that the ICC, apart from Convention & Exhibition Center (C&EC)
facilities, will include hotels, F&B and retail / entertainment
space.
A detailed feasibility study has been conducted to
ascertain (a) technical viability (b) financial & economical
viability of the project. A suitable framework for private sector
participation would also be evolved for implementation of the
project on PPP format.
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