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In a bid to attract investments for the sustainable development of eco-tourism on a public private partnership (PPP) basis in the Andaman and Nicobar and Lakshadweep Islands, NITI Aayog is all set to host an investors’ conference next week.
As many as 11 anchor tourism projects are proposed to be implemented with private sector participation under suitable risk-sharing model and through open-competitive bidding. The conference is scheduled to be held on August 10 in New Delhi.
Island Development Agency (IDA), an apex body, under the chairmanship of Home Minister was formed in June 2017, while NITI Aayog has been mandated to steer the holistic development of islands programme, along with the respective UT administration/ State Governments.
IDA has reviewed the 11 anchor tourism projects (six in Andaman & Nicobar and five in Lakshadweep) and several other infrastructure projects such as digital connectivity, and green energy, for implementation in the first phase.
“Out of these 11 projects, seven (four in Andaman & Nicobar and three in Lakshadweep) are in ‘Ready to Launch’ stage. Detailed land survey and demarcation of project sites, carrying capacity assessment of the project islands, CRZ application and pre-feasibility study have been undertaken,” an official statement said.
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