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ADB To Fund Rs.315-cr Tourism Project In Punjab By ugesh sarkar, Section Punjab Real Estate
The Asian Development Bank has sanctioned a Rs.315-crore ($68 million) project for tourism infrastructure development in Punjab.
Punjab Chief Minister Parkash Singh Badal Monday gave the green signal to the project at a meeting with ADB officials here. The ADB team led by senior official Ludwig Reider made a detailed power point presentation on the project which will create tourism infrastructure for the Sikh heritage circuit. Reider said under the first phase of Sikh heritage circuit, the ADB would fund the site projects of Amritsar walled city, Golden Temple complex, Ram Bagh area, Gobindgarh Fort, Town Hall, Rose Garden (all in Amritsar), Mughal route, Dera Baba Nanak, Qadian, Hargobindpur and certain other areas. Work on the first phase of the project will begin from March 2010 and Rs.40 crore will be spent during first year. The entire project would be completed in five years. Badal said there is a great tourism potential in the state as Punjab was a mosaic of religious, historic, cultural, colonial historic and natural heritage. Source: trak.in ADB to fund Rs.315-cr tourism project in Punjab
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