Odisha receives investment intents worth Rs 285 cr in tourism

BHUBANESWAR, NOV 14: Odisha has received investment intents of at least Rs 284.98 crore in the sector during the ongoing ‘Make in Odisha’ conclave.

          The investments will create employment opportunities for 2,441 people, Tourism Minister Ashok Chandra Panda revealed today.

          “We have received at least five investment intents worth Rs 284.98 crore during the conclave,” the minister said.

          Among key investment intents announced during a special session here on Tuesday, Mayfair Hotels proposed to set up a five-star deluxe resort including a golf course at Satapada near Chilika lake, besides a complex with a world class convention centre and 250 rooms in Bhubaneswar.

          IntelliStay Hotels, which operates the Mango brand chain, in collaboration with the Grand Mark Infrastructures, also reaffirmed its plan to set up two star category hotels catering to MICE (Meetings, Incentives, Conferences, and Events) tourism at Bhubaneswar and Konark respectively. This apart, the group also expressed interest in eco-resorts at select locations in Odisha. The total investment being mooted is approximately Rs 100 crore.

          In a boost to the capital citys luxury hotel infrastructure, Welcome Hotels brand chain of the ITC group, Vivanta by Taj and Ramada chain of Wyndham Hotels; all hope to start welcoming guests later next year.

          Taj Hotels of the Tata Group also plans to invest in a property at Kalinganagar, Jajpur, under it Ginger brand and the Lemon Tree Group have plans to invest in a luxury hotel in Bhubaneswar, an official of the tourism department said.

          Kamat Hotels, which operates properties in Bhubaneswar, Puri and Konark, intends to expand its presence in Odisha by building three new properties, besides exploring

Opportunities to manage ecotourism properties run by the Forest & Environment Department of the state.

          Kabani Tours has also expressed its intent to promote community tourism products such as homestays, camp sites and special projects in heritage walks in the state, besides its plan to invest in training programmes.

          Lodging Real Estate firm SAMHI hotels has also expressed its intent to invest in developing brown field projects in Bhubaneswar.

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