GCC investors may build Bengaluru Design District on city outskirts

IT/BT Minister CN Ashwath Narayan, who returned to Bengaluru after a four-day visit to Dubai, said investors from GCC countries have shown interest to invest in Karnataka. The project was expected to come up on a 100 to 150-acre plot with Rs 1,000...

Agencies
GCC is a group of six countries in the middle east including Saudi Arabia, UAE, Oman and Bahrain.
Investors from the Gulf Cooperation Council (GCC) have expressed interest to set up a world class design district on the outskirts of Bengaluru.

IT/BT Minister CN Ashwath Narayan, who returned to Bengaluru after a four-day visit to Dubai, said investors from GCC countries have shown interest to invest in Karnataka. The project was expected to come up on a 100 to 150-acre plot with Rs 1,000 crore investment.

GCC is a group of six countries in the middle east including Saudi Arabia, UAE, Oman and Bahrain.


"The proposed design district will be way ahead than the one in Dubai. Industrial designs of all kinds required for any sector will be done in the proposed design district,'' he said, and added that a Bengaluru Design Festival will also be held here.

Narayan said that a delegation from the GCC countries will visit the State in November to sign several MoUs proposing investments.
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