The Telegraph
Since 1st March, 1999
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Multiplex in three years, deal inked

Cinema-buffs of Calcutta may get a new gift within the next three years.

Prasun Mukherjee, Indonesia-based Bengali NRI, on Thursday, signed a memorandum of understanding (MoU) with the state government for setting up a “multiplex” — three cinema halls of international standard, restaurants, shopping mall, residential apartments and department stores, all in a single unit — in the heart of Calcutta.

“We are keen to set up the complex at a place somewhere in Calcutta proper, that will be easily accessible to the common people. Chief minister Buddhadeb Bhattacharjee has given us the assurance that he will find a suitable plot and hand it over to us within a month for the purpose,” said Mukherjee, after signing the MoU.

If the project materialises, Calcutta will be the second city in the country to boast such a ‘multiplex’, Mumbai being the first. A similar project is being implemented in Delhi, Mukherjee said.

He held the first round of discussions on the issue with the chief minister only three days ago. “The MoU has been signed within record time,” he said.

Mukherjee promised to provide international-standard facilities in the proposed complex. The government has given him the assurance to extend necessary support to enable his organisation meet its deadline.

According to the agreement, the entire financial liability will lie on Mukherjee’s organisation. He refused to disclose the expected cost of implementing the project. However, he admitted that taking the international standards into consideration, it would cost about $ 20 million to set it up in New York.

The three cinema halls will have the capacity to accommodate 1,000 persons.

Mukherjee said nearly 100,000 square feet of land will be required for setting up the complex.

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