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
Air India launches Delhi-Vienna flights
New European route to operate three times a week The service will now operate three times a week using a two-class Boeing B787 Dreamliner aircraft. Flight AI153 leaves Delhi’s Indira
Experience the magic of Marrakech with Mandarin Oriental
Mandarin Oriental, Marrakech has launched a luxury accommodation package for guests who want an authentic taste of old Marrakech. When booking the five-star resort’s Very Marrakech offer, guests will discover the Red City’s atmospheric medina,
Plaza Premium Lounge honoured for its outstanding service and hospitality at Delhi Airport
Plaza Premium Lounge, the world’s largest independent airport lounge network, won “Hospitality of the Year Award” at GMR IGI Airport Awards, 2018. GMR IGI Airport Awards have been institutionalized to
