MTDC eyes public-private partnership in tourism | mumbai | Hindustan Times
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MTDC eyes public-private partnership in tourism

After infrastructure and housing, the Maharashtra government is now contemplating public-private-partnership in the tourism sector.

mumbai Updated: Apr 07, 2012 01:22 IST

After infrastructure and housing, the Maharashtra government is now contemplating public-private-partnership in the tourism sector.

"Tourism, as an industry, has immense potential for growth in Maharashtra,” Jagdish Patil, managing director of Maharashtra Tourism Development Corporation (MTDC) said. “There are acres of land around various tourist destinations, which belong to MTDC. It is very difficult for us to develop these areas by ourselves. Therefore, we want the private sector to join hands with us to develop them.”

Besides developing tourist hubs, MTDC is also looking at public-private-partnership in managing its resorts, he said. The tourism department has come up with a five-year action plan to boost the tourism industry, giving prime importance to infrastructure at most destinations.

MTDC will support the private sector in getting permissions, raising funds from different institutes, support in acquisition of land, and getting approvals from government agencies, he said.

“Besides, we will also provide tax exemptions in property, water and electricity, which will be fruitful for the investors,” Patil said.

Meanwhile, MTDC has framed guidelines for mega projects, whereby private players developing projects will be eligible for additional exemptions in amusement tax, luxury tax, stamp duty and electricity duty, he said. MTDC also plans to create tourism zones, especially in the rural and backward areas.