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West Bengal: Merlin Group partners to build eastern India's first World Trade Center in Kolkata's Salt Lake World Trade Centre

West Bengal: Merlin Group partners to build eastern India's first World Trade Center in Kolkata's Salt Lake

India Blooms News Service | @indiablooms | 23 Mar 2023, 12:46 am

Kolkata: The World Trade Center Association (WTCA) is partnering with the city-based Merlin Group for developing a World Trade Center, the first in eastern India.

World Trade Center Association’s Vice President of the Asia Pacific region Scott Wang and Merlin Group’s Chairman Sushil Mohta along with MD Saket Mohta.

It will be a facility of 3.5 million sq.ft and is expected to create 30,000 jobs, according to a statement.

Wang, who is heading the Asia-Pacific region of World Trade Center Association, which includes many countries, such as, India, Australia, Bangladesh, China, Indonesia, Japan, Malaysia, Pakistan, Singapore, South Korea, and Srilanka, visited Kolkata for the agreement.

The WTC in Kolkata’s Salt Lake will attract overseas businesses and also promote trade and business through 320 World Trade Centers spread over nearly 100 countries across the world, he said.

He also explained that World Trade Center Association, formed in the year 1970, is a non-profit, international trade association and a vibrant membership community with a mandate to promote and facilitate trade and investment opportunities on a global scale.

“Through our more than 300 members with state-of-the-art World Trade Center-branded facilities or operations in cities across nearly 100 countries. Our Association serves as a true beehive of economic activity and provides an environment of trust and credibility,” he said.

The World Trade Center Association is an influential global network comprising an ecosystem of conferences, exhibition centers, economic development agencies, Real estate developers, universities, logistical hubs, airports, ports, free trade zones and more.

According to Merlin Group Charman Sushil Mohta, the proposed World Trade Center will reinforce the economic prosperity of West Bengal as well as Eastern India by forging collaboration with international trade bodies and investors from other countries through other World Trade Center members.