News this week: According to media reports, the Greater Cochin Development Authority (GCDA), has plans to build an exhibition centre using a private-public partnership - with the GCDA holding a 60% stake.
Chairman of the GCDA, N. Venugopal, was quoted saying that previous plans to lease out 10,117 m2 of land to a private builder on a 35-year lease at Manapattiparambu have been scrapped.
Exhibitions in the Cochin are currently organised in temporary structures. Venugopal said a permanent and modern centre for holding exhibitions is needed as the city hosts 200 days of exhibitions each year. The construction schedule and anticipated opening date were not provided.
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