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 3781 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

Travel

India has maximum women pilots in the world: Jayant Sinha

India has the maximum number of women pilots in the world, Minister of State for Civil Aviation Jayant Sinha said. “India is the country with maximum number of women pilots

Trending

Not so royal revenue from royal trains in Rajasthan

The revenue of luxury tourist trains covering popular sites in Rajasthan fell in the last three years, a railway report said. Palace on Wheels (POW) and Royal Rajasthan on Wheels

Slider

flydubai expands its footprint in Moscow with new service to Sheremetyevo International Airport

First carrier to operate direct daily flights to Sheremetyevo International Airport from the UAE from 29 November flydubai’s network in Russia to grow to 11 points served by 47 weekly flights Dubai-based

0 Comments

No Comments Yet!

You can be first to comment this post!