Merlin Group to develop a World Trade Centre in Kolkata

The World trade centre association has entered into an agreement with Merlin Group to develop a 3.5 mn sq ft World Trade Centre in Kolkata.
The first under-construction World Trade Center in Eastern India will come up with an investment of Rs 1500 crore, in the Nabadiganta Industrial Township Authority (NDITA) area, Salt Lake, West Bengal.

"It will support in attracting business with overseas countries and also promote trade and business through 320 World Trade Centers spread over nearly 100 countries across the world," said Scott Wang, VP- Asia-Pacific, World Trade Center Association.

"The proposed World Trade Center will reinforce the economic prosperity of West Bengal as well as Eastern India by forging collaboration with international trade bodies and investors from other countries through other World Trade Center members. The World Trade Center will contribute significantly to the State Exchequer and will create 30,000 jobs," said Sushil Mohta chairman Merlin Group.

India, has been one of the fastest growing region in the global network of WTCA, having Mumbai as one of the first amongst initial WTC operations. There are also World Trade Centers in Bangalore, Chennai, New Delhi, Noida, Pune among others.

The World Trade Centers Association (WTCA) is an umbrella organization for the global world trade center network that promotes trade and investment globally. Established in 1970 and Headquartered in New York, WTCA was Initiated from Twin Towers in lower Manhattan.

With more than 322 World Trade Centers (WTCs) in nearly 92 countries, the World Trade Centers Association (WTCA) provides a portfolio of branded offices and commercial real estate alongside an extensive suite of trade services for tenants, thereby linking them with the rest of its global network.