Explanation:

=> Recently, Jharkhand Urban Infrastructure Development Corporation Limited (JUIDCO) has issued an expression of interest for the construction of a World Trade Center in the Dhurwa Smart City area of Ranchi, the capital of Jharkhand.

=> A total of Rs 44 crore 22 lakh will be spent on this center to be built on four acres of land. For this the last date for submission of tender has been fixed as January 19.

=> On January 20, it will be inaugurated on the fifth floor of Udyog Bhawan located on Ratu Road. The tendering agency will have to complete the construction work of this center within two years.

=> All facilities related to international trade will be available in the premises of the World Trade Center. It will also have a regional office of the Directorate General of Foreign Trade and offices attached to the Export Association of India.