DRMumbai: India Tourism Development Corporation (ITDC) signed a MoU on 10th April 2018 with Hyderabad based firm M/s Suraas Impex Pvt. Ltd. for developing a Mega Tourism Destination project at Bhairav Lanka in Kakinada, East Godavari District of Andhra Pradesh at an estimated cost of Rs. 550 crores.
This is the first of its kind project for the state owned ITDC, which got preferred against several private contenders. 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.
ITDC has been the prime mover in the progressive development, promotion and expansion of tourism in the country. The Division has completed 67 infrastructure projects for Ministry of Tourism, Ministry of Culture and various State Governments. The division has also prepared more than 85 DPRs for various tourism projects in the country.
