The India Tourism Development Corporation (ITDC) wins first private contract to develop mega tourism project in Andhra Pradesh

India Tourism Development Corporation (ITDC) has recently bagged Rs 550-crore contract for developing a Mega Tourism Destination project at Bhairav Lanka in East Godavari District of Andhra Pradesh. This is the first of its kind project for the state- owned ITDC. ITDC will be the Consulting Agency as well as Implementing Agency for the DPR and the execution which will be taken up in three stages preparing the DPR, Implementation of project and implementation of second phase of the project. To execute this project, ITDC has signed an Memorandum of Understanding (MoU) with Suraas Impex Pvt. The ITDC is an hospitality, retail and Education company owned by Government of India, under Ministry of Tourism. Its headquarters is located in New Delhi.

Month: Current Affairs - April, 2018