Courtesy: Times of India 07/08/08
Hyderabad: The AP government has opened one more door for investment in the state. This time in tourism sector, one of the booming sectors in world economy. To fulfill the objective of promoting tourism in the state and strengthen the economy of backward areas like Kadapa, government intends to develop an ‘Integrated Tourism snd Township Project’ on the bank of Penna river, situated amidst serene natural surroundings of the historic Gandikota Fort, Kadapa District Andhra Pradesh.
The proposed development is envisaged in 800 hectares of land situated between two hill slopes, and on the banks of Penna river. The proposed development will mainly focus on active recreational experience to cater to the tourism aspect in the form of a theme park, amusement park, water park and so on along with adventure tourism components and creation of social infrastructure for the region.
The other project components, which are likely to be integrated with the main theme are knowledge city, integrated township, ITES park, medicity (medical tourism), film city, sport city, science city and any other facility compatible with the main theme.
The project is proposed to be implemented through public private partnership (PPP) format and the developer will be selected through a competitive bidding process. APTDC has already started the process for selection of developer by inviting ‘Global Expression of Interest’ from developers.
A Greenfield International Airport in the district is proposed in addition to upgrading the existing airstrip in Kadapa Town. All these proposed developments in the district envisage large-scale employment generation and overall socio-economic growth resulting in demand for better facilities.
The proposed development is one of its kinds in the region which will benefit the region and will be a start for positive transformation of the region. Through the promotion and development of mega tourism project in the backward areas of Kadapa district, Government of Andhra Pradesh and APTDC wish to create more employment opportunities for the local people and regional economic development. The estimated Rs 600 crores investment in the tourism zone of proposed development will create around 12,600 jobs including around 7,200 direct jobs in the region.
APTDC is also planning to propose the project as a part of larger tourist circuit covering important tourism destinations of Humpi, Tirupati and Puttaparti in its ambit. Gandikota is likely going to become the epicenter of potentially promising tourism destinations of South India.
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