Panaji, April 26, 2025: Fulfilling the Goa State Budget assurances for 2025-26, the development, operations, and maintenance of a Convention Centre/Five (5) Star Hotel Facility at Rua-de-Ourem Creekside, Panaji, has been approved by the Cabinet.
The Department of Tourism, Government of Goa, has entrusted the project to M/s Golden Peace Hotel & Resorts Pvt. Ltd.
The project, undertaken under the Swadesh Darshan scheme – Coastal Circuit II, will feature world-class, state-of-the-art amenities, positioning Goa as a preferred destination for national and international conferences, business events, and exhibitions, creating new avenues for economic activity and employment opportunities. The Convention Centre will comprise an exhibition hall, a restaurant, auditoriums, seminar rooms, conference rooms, a boardroom, a business lounge, and a terrace restaurant. It will also include an entrance plaza with an open-air theatre, beautifully landscaped areas, and gazebos.
The Convention Centre will have the capacity to accommodate 1,300 people, while the Exhibition Hall will be able to host up to 1,500 people. Additionally, boardrooms and other modern facilities have been thoughtfully considered to drive the development of MICE (Meetings, Incentives, Conferences, and Exhibitions) tourism in the state.
The development work is expected to be completed by December 2026, and the state-of-the-art facilities will be operational and available from January 2027.