2023 G-20 meet at revamped Pragati Maidan: Goyal
The plan — PM Gati Shakti – aims to reduce logistics costs and boost the economy with a planned National Infrastructure Pipeline of over ₹111 lakh crore.
Union minister Piyush Goyal on Wednesday said the 2023 G-20 summit will be held at the revamped Pragati Maidan in Delhi, while speaking at the launch of a national master plan for multi-modal connectivity to ensure integrated planning and implementation of infrastructure projects in the next four years.
The plan — PM Gati Shakti – aims to reduce logistics costs and boost the economy with a planned National Infrastructure Pipeline of over ₹111 lakh crore.
“PM Gati Shakti-National Master Plan will give a push and direction to various development plans and will also encourage investments. Under the leadership of Prime Minister Narendra Modi, the G20 summit will be held here in 2023 for the first time,” said Goyal, minister for commerce and industry.
Prime Minister Narendra Modi on Wednesday also inaugurated a new exhibition complex at Pragati Maidan.
The ₹2,700-crore Pragati Maidan redevelopment project was started in 2018, and includes creation of six new exhibition halls, a state-of-the-art convention centre that can accommodate 7,000, and an amphitheatre, and parking space for around 4,500 cars, among other amenities.
As part of the redevelopment project, a ₹777-crore traffic regulation project is being implemented by the Delhi government’s Public Works Department (PWD). The road improvement project includes the construction of a 1.2-km-long tunnel between Purana Qila Road (near Pragati Maidan Mathura Road) and the Ring Road (near Pragati Power Station), and six underground U-turns on Mathura Road and Bhairon Marg. These projects are in various stages of completion.
The project was approved by the Cabinet Committee of Economic Affairs in January 2017. An ITPO official said that the revised deadline for the project is August 2022.