Andhra Expects Tourism to Attract Investments, Generate jobs

Published on : Thursday, April 27, 2017

Andhra Pradesh tourismThe state government of the south Indian state, Andhra Pradesh, has identified tourism as one of the major sectors to attract investments and generate employment.

 
Several tourism MoUs were signed during the CII partnership summit held earlier this year and also last year and the Government is monitoring the progress of the projects on a regular basis, according to officials of the tourism department.

 
There has been a 30 per cent hike in domestic tourist arrivals into the State. At present, for the year ended March 2017, domestic arrivals amounted to 158.5 million and international tourist arrivals to 3.24 lakh. The contribution of the tourism sector to the gross state domestic product is at present 7.3 per cent.

 
According to the officials, 75 tourism projects worth Rs 3,341 crore were grounded and 38 projects worth Rs 10,958 crore are in the pipeline. The State has been divided into five tourist circuits for attracting investments and promoting tourism. The State Government expects Rs 2,200-crore private investments in the sector to develop infrastructure.

 
According to sources, the State is planning 24 major tourism events during the current financial year at an expense of Rs 65 crore.

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