The hub is similar to that of Bandra-Kurla Complex in Mumbai. In the first round of bidding for nine plots for 25 acres of land, closed on October 31, only five firms showed interest. Meanwhile, the second stage of bidding will be over by January 31
Even as the West Bengal government been opposing FDI in retail, it is scouting for investments from banks and other financial institutions from the United Kingdom, Singapore and Hong Kong to be apart of the state’s upcoming financial hub.
The state government is set to conduct roadshows in these countries, in order to invite banks for becoming a part of the upcoming international financial hub at Rajarhat area, in the outskirts of Kolkata.
State officials have already visited London in this regard. “We will invite an expression of interest from global firms in this regard by March next year and will conduct roadshows in major financial hubs across the world, like Singapore and Hong Kong,” said said Debashis Sen, chairman and managing director of Hidco, the real estate arm of state government, which is developing the project.
The hub is similar to that of Bandra-Kurla Complex in Mumbai.
In the first round of bidding for nine plots for 25 acres of land, closed on October 31, only five firms showed interest. Meanwhile, the second stage of bidding will be over by January 31.
“As of now, State Bank of India, UBI, UCO Bank, Institute of Chartered Accountants of India, Allahabad Bank, West Bengal Infrastructure Development Finance Corporation, West Bengal Finance Corporation and National Insurance have shown interest in the hub,” urban development minister Firhad Hakim said. The third stage of bidding will involve
The hub area will include a 59-storeyed building and also a convention centre with a capacity of 6000 people at a time.
