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Bihar: Rs 4,000 crore investment proposed for Patna World Trade Centre

Indian Community Editorial TeamBy Indian Community Editorial TeamAugust 13, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Bihar: Rs 4,000 crore investment proposed for Patna World Trade Centre
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Patna, Aug 13 (IANS) Bihar Chief Minister Samrat Choudhary held a review meeting on the proposed construction of a World Trade Centre in Patna and the redevelopment of major government‑owned land parcels across the city.

The meeting was held at the ‘Sankalp’ Hall at the Public Servants’ Residence, where officials reviewed plans for modern infrastructure and more effective utilisation of government land.

The National Buildings Construction Corporation Limited (NBCC) presented a proposal for constructing a World Trade Centre in Patna, along with redevelopment plans for several important government land parcels.

The locations under consideration include land opposite the Bihar Museum on Nehru Path, Gardanibagh, Bhootnath Sector‑6, and Boring Canal Road.

According to the proposal, projects across these locations could attract an investment of approximately Rs 4,000 crore and generate around Rs 8,000 crore in revenue.

Samrat Choudhary directed officials to prepare an action plan for the development and redevelopment of approximately 2,000 acres in Pataliputra Township, as well as an additional 1,000 acres in other township areas.

NBCC is expected to prepare development and construction models for the identified sites.

The plan also envisages replacing or reconstructing old, dilapidated government buildings to meet current requirements.

The Government also discussed identifying suitable government‑owned land in other major Bihar cities, including Gaya, Bhagalpur, Begusarai and Darbhanga.

Integrated development plans are proposed for suitable land parcels in these cities.

Officials were instructed to prepare a comprehensive master plan for available government land in Patna and ensure that public assets are used efficiently.

The proposed development is expected to incorporate modern construction technology, environmental standards, zero‑waste construction models, planned urban infrastructure, and high‑quality and time‑bound execution.

The Chief Minister emphasised that major projects should be undertaken on a priority basis to transform Patna into a modern, world‑class city.

The broader objective is to turn underutilised government land and ageing government properties into productive urban assets.

Officials have been directed to identify suitable land, prepare detailed development plans and move projects forward quickly, while ensuring quality standards.

If implemented as proposed, the World Trade Center and associated redevelopment projects could represent a major expansion of Patna’s commercial and urban infrastructure, while also generating substantial revenue for the state.

–IANS

ajk/dan

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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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