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
Enchanting Orchha-wonder
By Suman Bajpai Arriving by train from Delhi to Jhansi and then by cab to Orchha, to attend the grand ‘Namaste Orchha’, a new annual cultural festival organised by Madhya
South African Tourism looks forward to welcoming Indian Cricket fans
South African Tourism is delighted to extend a warm welcome to the Indian Cricket team and travelling fans. The excitement is palpable with the Men in Bluegearing up for their
Discover a new you in the New Year and embrace
17% savings across 17 different trips to kick-start your 2017 resolutions Travel temptations from Trafalgar on sale between December 29-January 7 To help travel-lovers set their 2017 resolutions, Trafalgar has
