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Updated: September 4, 2009 02:45 IST

Tourism to open up to global investors

Sharath S. Srivatsa
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Awaiting change: Tourism circuit projects at Jog Falls (above) in Shimoga district will also be open to infrastructure development. Photo: K. Murali Kumar
Awaiting change: Tourism circuit projects at Jog Falls (above) in Shimoga district will also be open to infrastructure development. Photo: K. Murali Kumar

About Rs. 1,600 crore-worth tourism projects across Karnataka will be offered for development under public-private partnership (PPP) during the January 2010 Global Investors’ Meet (GIM) here.

Among the projects that would be offered to global investors is the proposed world-class 18-hole golf course in Mangalore abutting the Arabian Sea, an aquamarine park, cruise tourism, heli tourism and many others, Principal Secretary Tourism Department Jyothiramalingam told The Hindu.

Proposal

The golf course is to come up on 140 acres of land, while the aquamarine park, adjacent to the golf course, will come up on 15 acres of land. An expression of interest (EOI) will be called by the end of September.

Over the next five years, Mr. Jyothiramalingam said that the State would target Rs. 10,000 crore investment in the tourism sector alone, which is likely to increase employment opportunities in the State. “Even the Tourism Policy 2009-2014 aims to make the tourism sector the largest revenue earner and employer in Karnataka,” he added.

Panel

The State Government has also set up a tourism-related infrastructure sub-committee, headed by Mr. Jyothiramalingam, to identify all tourism infrastructure-related projects and place it before global investors.

According to the information available with The Hindu, 16 big tourism projects would be offered for development under PPP.

Projects

As many as 39 projects in the heritage sector would be identified for development under PPP also. Tourism circuit development projects at Jog Falls, Agumbe, Banavasi, Badami, Pattadkal, Aihole, Belur, Bijapur and Gokarna would also be taken up.

The Tourism Department sources said that several tourist destinations across the State would also be offered to investors to chalk out plans for improving infrastructure.

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