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India Signs Loan Agreement with Asian Development Bank (ADB) for US $ 123.51 Million for Upgrading Tourism Infrastructure and Services in States of Punjab, Uttarakhand and Himachal Pradesh

Dated:- 29-9-2015 - The Government of India signed a loan with Asian Development Bank (ADB) here today for US $ 123.51 million for tranche 3 of the Infrastructure Development Investment Program for Tourism to continue upgrading tourism infrastructure .....

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and local communities in the States of Himachal Pradesh, Uttarakhand and Punjab. The third tranche loan is part of the $250 million multi-tranche financing facility that ADB approved in 2010. Ms M. Teresa Kho, Country Director for ADB in India signe .....

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gned by Mr. V C Pharkha, Additional Chief Secretary, Tourism, Government of Himachal Pradesh, Mr. Navjot Randhawa, Project Director IDIPT, Government of Punjab and Mr Asheesh Joshi, Additional Secretary, Tourism, Government of Uttarakhand for the Sta .....

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tructures, new facilities including centers for arts and crafts in the three states. Eco-parks and eco-tourism will also be developed to help the states attract more tourists. Mr. Raj Kumar, Joint Secretary (Multilateral Institutions), Department of .....

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