ITDC bags contract for its first private infrastructure project

India Tourism Development Corporation (ITDC) has bagged its first ever private infrastructure project as it signed an MoU with a Hyderabad-based firm for developing a mega tourism destination project in Andhra Pradesh, according to a statement from the Tourism Ministry.

ITDC signed the memorandum of understanding (MoU) with Suraas Impex Pvt. Ltd. for the Rs 550-crore project which will be located at Bhairav Lanka in Kakinada, East Godavari district of Andhra Pradesh.

This is the first-of-its-kind project for the state-owned ITDC, which bagged the project beating several private contenders, the statement said. ITDC will be the consulting agency as well as implementing agency for the project and the execution will be taken up in three stages.

ITDC has completed 67 infrastructure projects for the Ministry of Tourism, Ministry of Culture and various state governments so far. The division has also prepared more than 85 detailed project reports for various tourism projects in the country.

You might also like

Latest

Taiwan Tourism Bureau participates in OTM 2017 and holds Workshops in Mumbai and Bengaluru

Taiwan Tourism Bureau participated in OneWorld Travel Mart, an annual event that was held from 21-23 February 2017 in Mumbai, India. 1154 participants from 60 countries were present at OTM,

Latest

Soon, travel in Economy AC coaches in trains

Train passengers will soon have option of travelling in a new class of ‘Economy AC coaches’ with fares less than normal 3AC tariff. The proposed fully AC train will have three-tier Economy AC

Destinations

Abu Dhabi rides high with global tourist attractions

Abu Dhabi Tourism is going full throttle to push the destination as the next big tourist hotspot for Indian visitors with the upcoming Louvre and Guggenheim Museum. Swaati Chaudhury For Indians who are