World Trade Centre pushes Rs. 21-bn in Noida project

World Trade Center (WTC), a part of the New York-based chain of global trade and business hubs, will invest almost Rs 21 billion in its Greater Noida project where the project spanning across 50 acres is arguably the largest WTC property in the world. So far, the company has already invested close to Rs 7 billion and the remaining Rs 14 billion would be invested in the coming 2-3 years, WTC advisor P K Alok said. During the UP Investors Summit 2018, the state government had signed a Memorandum of Understanding (MoU) with WTC for the development of Mobile Open Exchange Zone (MOX) in Greater Noida, which has been touted as a catalyst to bring the advantage of growth in the mobile and allied sectors in Uttar Pradesh, he added.