• Monday, 23rd December 2024

RfP Issued for Development of Convention Centre in Vizag



Visakhapatnam: The Visakhapatnam Metropolitan Region Development Authority (VMRDA) has issued a request for proposal (RfP) to develop a state-of-the-art convention center in Vizag.

This ambitious project, set to include a minimum 5-star category hotel or resort and waterfront entertainment facilities, will be built on an open space within VMRDA Park on the city's scenic Beach Road. The total estimated cost for this development is approximately ₹250 crore, and it will be executed through a public-private partnership model.

The project will be developed on a 7.97-acre site and will feature a multi-purpose convention hall attached to a luxurious 5-star hotel with at least 200 rooms, along with other amenities. This initiative aligns with VMRDA’s master plan 2041, approved by the government in 2021, which designates holiday resorts as permissible within the proposed recreation land use zone.

Currently, the land is vacant, covered with vegetation, and includes a small operational structure, helipad, and swimming pool.


According to the RfP issued by VMRDA, the minimum development obligations (MDOs) for the project include the construction of a multi-purpose convention hall capable of accommodating at least 2,500 people in theatre-style seating.

This hall will not have fixed seating arrangements, allowing for flexible partitions to host multiple events simultaneously. The venue will be designed to cater to meetings, events, and exhibitions of both national and international standards.

The proposed development aims to boost Vizag’s appeal as a premier destination for business and leisure. By integrating top-tier hospitality services with versatile event spaces, the project is expected to enhance the region's infrastructure, promote tourism, and support economic growth.

The new convention centre will not only provide a venue for significant conferences and exhibitions but also contribute to the city's waterfront entertainment and leisure options.

As the project moves forward, the VMRDA will collaborate with private partners to ensure that the development meets high standards of quality and sustainability, reflecting Vizag’s potential as a vibrant and modern urban centre.

 

For More Updates: Follow Us https://www.instagram.com/hellovizag.in/  


Votes Counting: Vizag West Results Likely to Be Declared First, Bheemili Last Read Previous

Votes Counting: Vizag West Results Likely to Be Declared First, Bheemili Last

IARF Formation Day Celebrated in Visakhapatnam Read Next

IARF Formation Day Celebrated in Visakhapatnam

Sign up for the Newsletter

Join our newsletter and get updates in your inbox. We won’t spam you and we respect your privacy.