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Why invest in redevelopment of Margao Bus Terminal?

THE GOAN NETWORK
Published May 3
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(As per tender document)

Anticipated increased passenger footfalls


*Margao’s significance as a Margao’s significance as a transit hub for both tourists and locals. 

*The city serving as a gateway to South Goa while being seamlessly connected to all major Goan cities and neighbouring States. 

 *Increasing tourist footfalls in the city with the city’s vicinity to Southern beaches and other religious destinations.

 *Increasing mobility of locals (daily bus users), skilled and unskilled labour owning to rising industrial and trade activities in the city. 


Immense commercial potential of the site 


*Leveraging on Margao’s positioning as ‘Commercial Capital’ of Goa, the site has the potential to attract both premium brand retails and additional footfall thereof

*The site has the potential to tap footfall from the commercial developments in the vicinity of the site 

*Margao is one of major cities of Goa with an increasing retail space absorption over the years

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About the Margao bus stand project (as per the tender document)

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MARGAOThe government intends to undertake modernization and complete re-development, operation and maintenance of the existing Bus Terminal at Margao, Goa through Public Private Partnership (the “PPP”) on Design, Build, Finance, Operate and Transfer (the “DBFOT”) model (the “Project”). The Project shall involve development of Bus Terminal Facilities and Commercial Complex at the Project Site.*Margao, synonymously Goa's commercial capital and one of its fastest growing cities…

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