MP Growth Conclave all set to showcase ‘Cities of Tomorrow'
A key highlight will be the Indore Development Authority (IDA) presenting its five major projects to potential investors.
Urban administration and development department commissioner Sanket Bhondwe revealed on Thursday that the conclave will focus on four key sectors: Urban Mobility (including EV bus transport, ropeways, and metro), Urban Forestry Intervention, Real Estate, and Infrastructure Growth. He noted that a large number of investors from outside the state are expected to participate, particularly in the real estate and infrastructure sectors.
Bhondwe announced that chief minister, Mohan Yadav, is expected to unveil projects and initiatives worth Rs 10,000 crore through this conclave. This high-level event has invited investors, industrialists, and corporate representatives from relevant sectors across the country. More than 1,500 delegates, including industry leaders, real estate developers, hotel industry and tourism representatives, and investors from across India, are anticipated to attend.
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He stated that the Global Summit served as a benchmark, and continuous efforts are being made to build upon its success. "Our efforts regarding the Master Plan are also progressing rapidly, and you will soon receive good news on this front," he assured.
He also mentioned progress on the Metropolitan Act, emphasizing that base-level planning is underway with efforts to systematically integrate it with IT.
The conclave, to be held at BCC, will attract several major investors from across the country.
High-level sessions will be organised on topics such as smart urbanisation, infrastructure planning, real estate, green buildings, sanitation, e-governance, digital transformation, and metro rail systems. A major attraction of the conclave will be the Urban Development Expo, which will showcase achievements in urban infrastructure and future development plans.
A highlight of the event is IDA's plan to prepare five large-scale projects to attract investors. These projects will include flats, offices, malls, five-star hotels, and various other amenities. The arrival of companies due to these investments is expected to open up significant employment opportunities for the youth of the state, further enhancing the city's identity and attracting continuous business.
In a significant development for the healthcare sector, Indore is set to receive a major boost with a proposed hospital investment. According to information, the conclave will also focus on healthcare investments.
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