West Bengal Chief Minister Mamata Banerjee announced an ambitious plan to develop a 25-acre entertainment and technology hub in New Town, Kolkata. This initiative aims to transform the area into a vibrant center for cultural activities, attracting both local and international events.

Key Takeaways

• Project Name: Biswa Angan (International Information Technology and Entertainment Park – IITEC)
• Location: New Town, near Eco Park
• Investment: Expected to draw investments worth ₹25,000 crores
• Employment: Project anticipated to create around 70,000 jobs
• Development Model: Public-private partnership (PPP)

Overview of the Project

The new entertainment hub, named Biswa Angan, is designed to be a one-stop destination for various cultural and entertainment activities. The project will be implemented by the West Bengal Housing Infrastructure Development Corporation (HIDCO) under a public-private partnership model. CM Banerjee expressed optimism that this facility would mirror the success of the Biswa Bangla Convention Centre, which has become a popular venue for large-scale events.

Features of the Hub

The Biswa Angan will include:

• Cultural Venues: Spaces for concerts, exhibitions, and other cultural events.
• Technological Facilities: Areas dedicated to technology and innovation, fostering creativity.
• International Standards: Designed to host international-level events, enhancing Kolkata’s reputation as a cultural hub.

Economic Impact

The project is part of a broader strategy to boost the local economy through:

1. Investment Opportunities: The state government has received 10 new investment proposals in various sectors, including steel, amounting to ₹25,000 crores.
2. Job Creation: The initiative is expected to generate approximately 70,000 direct and indirect jobs, significantly impacting local employment.
3. Support for Local Artisans: The government plans to develop shopping malls in all 23 districts, providing space for self-help groups to showcase and sell their handmade products.

Future Developments

In addition to the entertainment hub, the West Bengal government is also focusing on:

• New Shopping Malls: Construction of 23 shopping malls across the state, with dedicated spaces for local artisans.
• Industrial Growth: Allocation of 2,515 acres for industrial development, particularly in the steel sector, to further stimulate economic growth.

Conclusion

The establishment of the Biswa Angan in New Town marks a significant step towards enhancing Kolkata’s cultural landscape and economic vitality. With its focus on entertainment, technology, and local craftsmanship, this project is poised to attract visitors and investors alike, reinforcing West Bengal’s position as a key player in India’s concert economy.

Sources

• Kolkata’s New Town to get 25-acre entertainment hub: CM Mamata Banerjee | Kolkata News, Times of India.
• Bengal taps into ‘concert economy’ with new 25-acre tech-entertainment park in New Town, The Hindu.