Will take up projects through the PPP mode in Hyderabad, Visakhapatnam, Guntur

The Andhra Pradesh Tourism Department Corporation (APTDC) would take up projects worth Rs 1,000-crore through the PPP mode in Hyderabad, Visakhapatnam, Guntur.

“We want to focus on Vizag and Hyderabad. We have already called for bidders from across the globe for these projects, “said V Madhusudan, executive director, APTDC. Of these, five are coming up at Visakhapatnam. The projects include an aquarium, theme park, health city and science city at Vizag,

He said domestic tourist arrivals  into the state had increased by about five per cent to 159 million in 2012, while revenues of APTDC rose to Rs 225-crore .

“Our target is to increase the tourist inflows by around 10 per cent and set Rs 300 crore turnover for the corporation,” he said.

source: http://www.business-standard.com / Business Standard / Home> Economy & Policy> News / by TE Narasimhan / Chennai – July 16th, 2013