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
Kenya Kalling Campaign targets one lakh visitors
Kenya Tourism Invests in India & Results are Encouraging Consumer Promotion and Travel Trade Incentive Campaign Launched by Kenya Tourism Board To Target One Lakh Visitors! Kenyan ambassador to India
Sarovar Hotels appoints Surajit Chatterjee as General Manager at Park Plaza Ludhiana
Sarovar Hotels & Resorts announces the appointment of Surajit Chatterjee as General Manager of Park Plaza Ludhiana. A passionate hotelier with over 20 years of experience in hospitality, Surajit Chatterjee brings
India is the third largest in air passenger traffic says Minister
The NDA government is making all efforts to tap the huge growth potential in the aviation sector, Union Minister of Civil Aviation P Ashok Gajapathi Raju has said. Speaking at
