Wednesday, April 6, 2011

GIFT to help local firms explore biz opportunities


GIFT to help local firms explore biz opportunities

In a conference scheduled for April 15, industry experts will deliver lectures on the requirements of GIFT City

KULDEEP TIWARI 



    Gujarat International Finance Tech-City (GIFT), state government’s dream project, is expected to to generate thousands of jobs and business opportunities. 
    The ambitious ‘business district’ will give tough competition to Mumbai, India’s financial capital, claim sources. The project cost estimate has been revised from Rs 63,000 crore to Rs 60,000 crore. 
    To create awareness among stakeholders, business houses and entrepreneurs at large, Gujarat International Finance Tech-City Company Ltd (GIFTCL) is organising a con
ference on ‘Emerging business opportunities’ at The Grand Bhagwati on April 15. 
    The conference is being organised in association with Assocham and the state government. The focus of the discussions will be on urban planning, real estate, transportation, services and utilities. 
    Around 500 businessmen from across the country are expected to participate. Industry experts, town planners and transport planners have been invited to deliver lectures. 
    GIFTCL Director R K Jha said, “It is a huge project that has attracted crores of investment. We are now trying to create awareness about the 
project among companies that can encash on business opportunities that will open up soon.” 
    “We will be discussing topics like infrastructure, security system, solid waste management and metro rail system. This will allow the businessmen and service providers to understand the requirements of the project so that they can make the right deals at the right time,” he said. 
    GIFT is also offering handholding to these companies that are clueless about how to manage local issues. An official added that if the input cost of construction goes down it will allow GIFT to offer competitive rental and lease rates.


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