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Gujarat government signs 10 MoUs for proposed investment of Rs 770 crore

Infrastructure  -  Dec 19,2023  - 

The Gujarat government has signed ten memoranda of understanding (MoUs) with a proposed investment of Rs 770 crore for the advancement of adventure tourism in the state.

These MoUs were formalized during a conference at Ekta Nagar, emphasising the development of Gujarat as an adventure tourism destination, as per the government release.

The proposed investments include a four-star resort, an entertainment zone, and a cultural theme park.

One MoU, with an investment intention of Rs 145 crore, is dedicated to establishing a four-star resort, conference, and convention area in the tribal-dominated Narmada district. This project aims to generate employment opportunities for over 450 local tribals.

Another MoU, indicating an investment of Rs 400 crore in the state capital Gandhinagar, focuses on constructing a world-class entertainment zone and culture theme park, expected to provide employment to 1,100 individuals.

Two MoUs, with a combined investment intention of Rs 225 crore, were signed for cinematic tourism in the Gir Somnath and Kutch districts, with the potential to create jobs for 2,500 locals.

 

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