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Merlin Group in JV unveils ₹1,500-cr WTC in Kolkata

The World Trade Centre Association
The World Trade Centre Association has inked a deal with Merlin Group to develop a 3.5 million square foot World Trade Centre in Kolkata, West Bengal, with an investment of ₹1,500 crore. The centre aims to attract business with offshore countries and promote trade and business through the 320 World Trade Centers spread across 100 countries worldwide.

According to Scott Wang, the Vice President for Asia-Pacific at World Trade Center Association, the proposed centre will strengthen the economic prosperity of West Bengal and Eastern India by collaborating with international trade bodies and investors from other countries through other World Trade Center members.

The Chairman of Merlin Group, Sushil Mohta, highlighted that the World Trade Center will make a significant contribution to the State Exchequer and generate over 30,000 jobs. India has been one of the fastest-growing regions in the global network of WTCA, with Mumbai being one of the first WTC operations. Additionally, there are World Trade Centers in Bangalore, Chennai, New Delhi, Noida, and Pune, among others.

The new centre will be in the Nabadiganta Industrial Township Authority (NDITA) area, Salt Lake, West Bengal, and will further reinforce India's position in the global trade and investment landscape.
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