GMR Group is considering building an exhibition-cum-convention centre as part of its proposed 'Airport City' near Rajiv Gandhi International Airport here entailing an investment of Rs 750 crore.
Officials of GMR, which operates the airport, came up with a proposal to Telangana Government to develop the centre in about 50 acres with an investment outlay of Rs 750 crore, a release from the Chief Minister's Office (CMO) said today.
The (GMR) team proposed to build a world-class Airport City in Hyderabad which would create 15,000-20,000 jobs. The exhibition-cum-convention facility will be part of the project, for which the infrastructure major has sought Government help, it said.
According to the release, Chief Minister Chandrashekar Rao told the company officials that his Government would examine the proposal and arrive at a decision.
The Chief Minister suggested GMR Group to give a thought to develop one more airport towards the North of the Hyderabad. Besides the company can mull over building a modern hospital near the existing airport, a theme park as well as a nature cure centre in the city, the releases added.
