Madhya Pradesh Tourism is inviting private sector investment for the promotion of tourism and has created a land bank for private players to set up properties at various locations in the state, a senior official said.

Be it in the field of water, adventure or caravan tourism, "we are inviting private players for the promotion of tourism which can be a driver of growth. We are complimenting each other and not competing with private sector", the Managing Director of Madhya Pradesh State Tourism Development Corporation H R Rao said here.

"We have created a land bank which already had 500 hectare," Rao said.He added that the land was provided to private sector either on lease or private players were given development rights where investments can be recovered over a period of time. He added that the corporation will redefine its commercial activities and play a major role in attracting private sector investment by acting as a facilitator.

(You need to login first to read complete news).
New User? Register for FREE!
» Back to Travel News