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Madhya Pradesh

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M.P. to seek investments in 16 tourism zones

The Hindu Business Line:  July, 2013

Kolkata: The Madhya Pradesh Government has received investment proposals worth Rs 1,500 crore for developing tourism projects, over the last six months.

According to Om Vijay Choudhary, Chief General Manager, MP State Tourism Development Corporation, the State Government has identified 16 “special zones” to attract private investments in tourism and announced special incentives and subsidies for investors interested to invest in these zones.

This apart, tax exemptions will also be given.

“We have received investment proposals worth Rs 1,500 crore across the State and 16 properties are now available with us (Madhya Pradesh) for carrying out tourism projects. The Zee Group has shown interest to set up a resort in one of these plots,” Choudhary told reporters here on Thursday during a roadshow of MP Tourism.

He added that 12 properties (plots) have already been leased out for tourism related projects recently.

Those interested in investing in the 16 zones can buy land or take them on lease for 90 years. There are ample opportunities in places such as Jabalpur, Chattarpur, Dhar, Indore, Sivni and Narsinghpur, Choudhary said.

Infrastructure

According to Choudhary, MP Tourism currently operates around 900 rooms in various tourist destinations.

“We plan to double the capacity of hotel rooms over the next one year,” he said.

The State Government plans to introduce region specific “tourism circuits”, since tourists cannot cover the State at one go.

An air-taxi service has been introduced jointly by Madhya Pradesh Tourism and Ventura Air Connect Pvt Ltd for connecting places such as Bhopal, Jabalpur, Rewa, Khajuraho, Indore and Gwalior.

Film promotion

Meanwhile, the State is planning to promote places such as Panchmarhi, Orcha, Bhopal, Mandu and the wildlife sanctuaries through tie-ups with film production companies.

According to Choudhary, the films shot in the State would be exempted from entertainment tax.

Besides, he added, hotels rooms for the production crew of any film shot in the State would be available free of cost.