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Published on 8/08/2018 10:51:57 AM | Source: Dion Global Solutions Ltd

`Viability Gap Scheme for Revenue Generating Tourism Projects` to promote PPP : Minister

Posted in Economy News| #Economy #Alphons Kannanthanam

The Ministry under the scheme of Assistance to Large Revenue Generating Projects, now renamed as 'Viability Gap Scheme for Revenue Generating Tourism Projects' promotes Public Private Partnership (PPP) in tourism infrastructure development in case of Revenue Generating Tourism Projects. This information was given by the Minister of State (I/C) for Tourism Shri. K. J. Alphons, in a written reply in Rajya Sabha on Tuesday.

The project include Tourist Trains, Inter-Island/ Intra-Island/ Inland Waterway Ferries, Sea Cruise Vessels, Convention Centre’s, Rope-ways/Cable Cars/Funicular Rail, Theme Parks, Amusement Parks, Ski-Cable, Heli-Tourism, Spas. At present there is no project where PPP model is used to develop tourism under this Scheme. The “Adopt a Heritage Project” of Ministry of Tourism also envisages collaborating with the private sector companies, public sector companies and individuals for development of tourist amenities at the various natural/cultural heritage sites, monuments and other tourist sites to make them tourist friendly.