Published on : Tuesday, December 19, 2017
In an encouraging news, the city of Visakhapatnam is all set to get multiple tourism firms in the next few years.
Sifting through as many as 30 proposals, the government of Andhra Pradesh has shortlisted 13 firms from the tourism sector to set up their establishments in the state.
These projects, most of which will be coming up on the city’s coastline, are estimated to invest from Rs 20 crore to Rs 200 crore.
Owing to Visakhapatnam’s tourist-friendly atmosphere, the majority of these 13 firms, including those from the United States and Nepal, have shown interest in setting up their facilities over here.
While some projects include theme parks, amusement parks, and go-karting tracks, others include five-star hotels and resorts among others.
As per a media report, Tourism Minister Bhuma Akhila Priya will be announcing the names of these 13 firms at a formal meeting in Vijayawada on December 22nd. It has also been reported that the officials will be discussing several things with the representatives of these firms before they start the groundwork.
The state government will be providing land to these firms on a long-term lease basis spanning about 33 years.