Mumbai Port Plans International Convention Centre

The Mumbai Port Authority (MbPA) has initiated plans to develop an International Convention Centre (ICC) on its eastern waterfront, marking another step in the transformation of surplus port land into a mixed-use urban destination.

The proposed ICC will include world-class convention and exhibition facilities, commercial spaces, hospitality infrastructure, and public waterfront amenities. MbPA has invited proposals to appoint a technical consultant to prepare a Detailed Project Report (DPR) for the proposed development.

The due date for submission of bids is July 30, and the bids will be opened on July 31. The project will come up on vacant land owned by the port authority along Mumbai's eastern waterfront. MbPA owns around 966 hectares of land in the area and plans to utilise parcels that are no longer required for core port operations for recreation, tourism, business, and commercial activities.

According to the tender document, the authority has identified multiple alternative sites for the project, and the selected consultant will evaluate these locations before recommending the most suitable one. The proposed ICC is envisioned as a permanent venue for exhibitions, conferences, conventions, and other business events of international standards.

MbPA aims to position Mumbai as a leading destination for Meetings, Incentives, Conferences, and Exhibitions (MICE), leveraging the city's status as India's financial capital. The project is also expected to integrate commercial development, hospitality facilities, public open spaces, and waterfront promenades while preserving the area's maritime character.

The identified sites enjoy strategic connectivity through road, rail, and water transport and are located close to metro stations, the city centre, and the Mumbai International Cruise Terminal, enhancing their potential as a major business and tourism hub.

The selected consultant will prepare the DPR, undertake techno-economic and financial feasibility studies, assess market demand and consumer potential, prepare architectural layouts, recommend the product mix and financial models, obtain statutory clearances, and provide transaction advisory services for implementation of the project.

The scope of work also includes evaluating multiple development and concession models aimed at maximising project revenue and advising MbPA on project structuring and tax-related issues. The authority said the consultancy assignment requires international-quality technical standards and timely delivery, with the consultant responsible for preparing a comprehensive implementation roadmap for the proposed convention centre and commercial district.

The initiative forms part of MbPA's broader strategy to redevelop underutilised land along the eastern waterfront into public and commercial spaces. This project is expected to contribute to the growth of Mumbai's economy and establish the city as a major player in the MICE industry.

In conclusion, the development of the International Convention Centre on Mumbai's eastern waterfront is a significant step towards transforming the city into a leading destination for business and tourism. The project has the potential to generate significant revenue and create new opportunities for the city's residents and businesses.