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.

About author

TnH Global
TnH Global 3921 posts

Our platform is the most comprehensive, current and accurate content destination for tourism that also offers the opportunity to connect and network with quality buyers and sellers.

Name: TnH Global              Email: admin@tnhglobal.com

You might also like

Aviation

India is single biggest market for leading A320neo aircraft: Airbus

The leading aircrafts manufacturer Airbus has said that India is the single biggest market for its leading A320neo aircraft and the company will focus a lot on Indian aviation market.

Latest

Qatar Airways Expands its Dreamliner Service in India

The airline will introduce the Boeing 787 Dreamliner to Kolkata on 1st December 2015. Additional Seat Capacity of more than 76% compared to current Kolkata operation. Qatar Airways has announced

Latest

Indian company unveils “portable” hotels

Hirise Hospitality transforms old shipping containers into rooms The Business Standard reports that the company is using recycled shipping containers to create the new rooms. The first such unit has

Reports & Survey

Indians the most family-oriented travellers in the world, says survey

The survey also found that English soccer star David Beckham is Indian travellers first choice among British celebrity for a flying companion . When it comes to travelling, Indians are

Government

ixigo Study reveals – Railway Stations in South India are cleaner than North India

 ixigo compiles reviews to study train traveller preferences Railways is the most popular means of transport in India that carries a daily ridership of 25+ million from across the country.

Latest

Omeir Travel wins RezLive.com-Travelwebme 2016 Cricket Tournament

Abu Dhabi-based Omeir Travel Agency trounced Sharjah Airport Travel Agency (SATA) in a thrilling finale to win the RezLive.com-Travelwebme 2016 Cricket Tournament. While SATA dominated the first innings, Omeir Travel

Bus and rail links between India and Pakistan are placed on high alert after intelligence warns terrorists could target Republic Day celebrations

Security on the Delhi-Lahore bus and Samjhauta Express has been beefed up Sources say intelligence agencies believe Republic Day events could be at risk In light of a perceived terrorism

Latest

India prepares Israeli SPYDER air defence missile system for Pakistan border

The Indian Air Force will in the next few weeks finish weaving a security web with the Israeli SPYDER air defence missile system on the western borders. The Indian Air

Trending

France and Germany top new sustainable tourism index by The Economist Intelligence Unit

Strong policies supporting sustainability in the tourism industry help European countries take the top three spots in inaugural Sustainable Tourism Index covering ten countries across the world Developing countries fall

Destinations

Argentina strengthens its presence in the US

INPROTUR attended The New York Times Travel Show from 26 to 28 January. The Ministry of Tourism of the Nation, through the National Institute of Tourism (INPROTUR), participated from 26 to 28 January this

Latest

IndiGo, Qatar Airways likely to make a joint bid for Air India

State-owned Qatar Airways and India’s largest budget carrier IndiGo are likely to put up a joint bid for ‘The Maharajah’. Indian budget carrier IndiGo, which is battling cancellations owing to

Hotels.com unveils mobile travel concierge

Hotels.com has introduced Hotels.com Concierge, available on iOS on its smartphone application. The service enables users to book transportation, food delivery, reservations and activities from the Hotels.com app. The service

0 Comments

No Comments Yet!

You can be first to comment this post!