World Trade Centre proposed in Bhubaneswar

The World Trade Centre Association has proposed to set up a World Trade Centre in Bhubaneswar, Odisha. WTC advisor Jayant Ghate and his colleagues made the proposal at a high-level meeting in the Odisha capital today.

The setting up of WTC, which has 323 centres in 95 countries and nearly one million business associates, would help promote international trade and investment in Odisha, he said.

WTC and its members account for more than a third of world trade, Ghate pointed out.

Ghate said since Odisha has a legacy of international maritime trade, an effective combination of infrastructure and services could help promote and develop international trade in the state and the region.

''The WTC provides services in the field of trade information, trade education, trade research, exhibition facilities, meeting and conventions, shopping arcades, temporary residential facilities and import and export activities,'' state industries secretary T Ramachandru said.

World Trade Centres Association will submit a detailed project report on the proposed WTC within two to three months, chief secretary B K Patnaik said, adding that the WTC is likely to be come up on the outskirts of Bhubaneshwar.

The World Trade Center concept and the World Trade Centers Association (WTCA) have been developed by an international team at the WTCA headquarters in New York to aid the membership.

World Trade Centers connect business community to the people, the companies, the data and the government agencies that make up the fabric of global commerce. As branded facilities, World Trade Centers are landmarks in the regions that they serve. World Trade Centers have also value as high profile developments catering to premier international businesses in highly desirable locations.