SHILLONG, July 6: After failing to attract bidders in three previous attempts, the Meghalaya government will float a fresh tender for shops at the Polo Market with reduced rental rates.
Despite being inaugurated by Union Finance Minister Nirmala Sitharaman a year ago, the market remains closed. Deputy Chief Minister Sniawbhalang Dhar on Monday admitted that previous Expressions of Interest (EOI) saw no takers due to high costs.
“There was no response since the rent seems to be high,” Dhar said, adding that the government is now reducing the rates to ensure the building becomes functional as soon as possible.
Regarding the Business cum Tourism Centre, the Deputy CM stated the project is nearly complete and the government will soon invite tenders for its operation.
