Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Bitcoin (BTC) ETFs Record Strongest Three-Week Stretch of 2026 as Golden Cross Looms
    • UBS, BMO and Jane Street Disclose Holdings in Hyperliquid ETFs
    • The must-have funds fizzing with potential… if you’re willing to take the risk: JEFF PRESTRIDGE
    • Crypto SIP In 2026: Is it Really Safer?
    • Leverage Shares Files for Three Anthropic ETFs Ahead of IPO
    • Rs 10,00,000 FD or Rs 10,000 monthly SIP: Which can create a higher corpus in 15 years?
    • EPF Vs SIP: Where Should You Put Your Next Rs 10,000 For Long-Term Wealth?
    • No stocks, no mutual funds: Delhi man targets Rs 3 Cr by 50 – 10 lessons from his journey – Money News
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Investments»AP Secures ₹10,644 Crore In Tourism Investments
    Investments

    AP Secures ₹10,644 Crore In Tourism Investments

    September 27, 2025


    VIJAYAWADA: The Andhra Pradesh government is rolling out ambitious plans for marine tourism development, according to tourism, culture, and cinematography minister Kandula Durgesh. He said the sector is being placed on a growth track under the leadership of Chief Minister Nara Chandrababu Naidu and Deputy Chief Minister Pawan Kalyan. Speaking in the Assembly on Saturday, Durgesh detailed the initiatives taken over the past 15 months to revive the tourism sector, which he said had suffered setbacks due to the “short-sighted decisions” of the previous government.

    He revealed that the government had signed MoUs with 103 companies, attracting investments worth ₹ 10,644 crore into the tourism sector. Of these, projects worth ₹3,887 crore have already commenced, resulting in the creation of 2,848 hotel rooms. Currently, Andhra Pradesh has 19,500 hotel rooms, with a target to scale this number up to 50,000 by 2029.

    We are focusing on hotels, resorts, theme parks, eco and adventure tourism projects, as well as wellness retreats to make AP a global tourism hub,” he said, adding that employment generation is being prioritised with special incentives under the state’s 2024–29 tourism policy,” he said.

    The minister announced that plans are in place to develop Motupalli and the historic Veerabhadra Swamy temple as tourist hubs, while also enhancing connectivity and amenities at nearby beaches.

    He assured that district-level action plans, under the collector’s supervision, would be launched to expedite basic infrastructure development in coastal areas. Chirala MLA Madduluri Malakondayya expressed satisfaction over the minister’s response to marine tourism along the Chirala coast.

    Assembly speaker Ch. Ayyanna Patrudu suggested studying the successful Goa tourism model and replicating it in Andhra Pradesh. The minister promised to constitute a committee for this purpose.

    Regarding rural and adventure tourism, Kandula Durgesh announced the establishment of 10,000 home-stays in rural and tribal areas, which he said would enhance livelihoods, provide visitors with an authentic cultural experience, and promote eco-tourism.

    The minister added, “Caravan tourism is also being introduced to serve regions where hotels are not immediately feasible. Recent initiatives include hop-on hop-off double-decker buses in Visakhapatnam and adventure sports projects across coastal belts such as Visakhapatnam, Kakinada, and Chirala.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    10 Best Inflation-Proof Investments in 2026

    September 4, 2026

    AFC, industry leaders hail Dangote investments as catalysts for Africa’s economic growth

    September 3, 2026

    FHC Investments facing divestment vote

    September 3, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    UBS, BMO and Jane Street Disclose Holdings in Hyperliquid ETFs

    September 6, 2026
    Don't Miss
    ETFs

    Bitcoin (BTC) ETFs Record Strongest Three-Week Stretch of 2026 as Golden Cross Looms

    September 6, 2026

    Key Highlights Spot Bitcoin ETFs in the United States accumulated $3.8 billion across a three-week…

    UBS, BMO and Jane Street Disclose Holdings in Hyperliquid ETFs

    September 6, 2026

    The must-have funds fizzing with potential… if you’re willing to take the risk: JEFF PRESTRIDGE

    September 6, 2026

    Crypto SIP In 2026: Is it Really Safer?

    September 6, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Bitcoin ETFs see $33M inflows, reversing 2026 outflow trend

    July 26, 2026

    BlackRock’s assets reach new $13.5T high as private markets, ETFs drive growth

    October 14, 2025

    In Investing, Complexity Is Not Always Sophistication: The Case for Flexicap Funds

    July 20, 2026
    Our Picks

    Bitcoin (BTC) ETFs Record Strongest Three-Week Stretch of 2026 as Golden Cross Looms

    September 6, 2026

    UBS, BMO and Jane Street Disclose Holdings in Hyperliquid ETFs

    September 6, 2026

    The must-have funds fizzing with potential… if you’re willing to take the risk: JEFF PRESTRIDGE

    September 6, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.