By 2009 Chandigarh would house unique projects including multimedia centre cum film city, theme park cum amusement park, education city, financial service centre and the first modern terminal market that entail investment of Rs 2,000 crore.These projects are being handled or pursued by leading companies including Parsvanth, Unitech and Relinace Industries Limited and are projected to be completed in 2-3 years. Also, the city would soon have an international airport
"Most of these proejcts are unprecendented and would transform Chandigarh into a service and tourist hub," Vivek Atray director tourism, said. "Going by current pace these project would be compeletd on time," claimed Atray .
The theme park project that is to come up in 73 acres is envisaged to lure 10 lakh tourists annually and generate large scale employment. The project includes several rides and world class entertainment facilities, wax amusement green spaces and mini India model spread over 3 to 4 acres of land. "The theme park project that has been bagged by Unitech Developers and is expected to get approval for zoning, demarcation and environmental clearance by July," sources in administration affirmed.
Over Rs 500 crore is likely to be infused into the mutli media center project allotted to Parsvnath developers that would come up on 30 acres.
The administration has recently finalised 10 companies to set up educational institutes in the upcoming education city. Sources in the administration said the announcement about the successful companies that include prominent institutes like USA based-North Dakota State University, San Jose University, Milan based Politechnico de Milano, Tech Mahindra, Hindujuha Foundation and IL & FS Financial Centre, USA would be formally announced in few days. "Unlike run of the mill courses these institutes would provide latest training and academic courses," Atray divulged. "The intake in these institutes would go up to 30,000 and transform Chandigarh's image as an educational hub," he added.
Meanwhile potential traffic snarls could to permanent slumber. In a move suspected to cast aspersion on the future of 11-storeyed building proposed in heart of the city, administration has appointed a committee to 're-consider' the project.Sources in the administration told FE that alternate approaches has been suggested to the 11-storey building to counter the traffic pressure. "Though the traffic concern in sector-17 is a genuine problem considering the fact that six multiplex projects could come up in the sector,"said an administrative official.