Mega City Project
The then Chief Minister of Maharashtra, Vilasrao Deshmukh, approved Panvel Mega City Project to be implemented by MMRDA with an investment of over 50,000 crore (US$9.1 billion) by many foreign firms including Gulf Finance House. The city will have three parts viz. Energy City, Information Technology and Telecom City, and Entertainment City. The project is expected to create employment for 7.5 lakh people. The first phase is expected to be complete by 2014 while the entire project will be ready by 2020.
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Famous quotes containing the words city and/or project:
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—Rutherford Birchard Hayes (1822–1893)
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