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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 and services in Punjab, Uttarakhand and Himachal Pradesh. The loan will be used for development and conservation of places of tourist attractions. It will also be used to improve basic tourism facilities, and to build the capacity of sector agencies .....

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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 State Governments of Himachal, Punjab and Uttarakhand respectively. Speaking on the occasion, Ms M. Teresa Kho, Country Director for ADB in India said that the loan will support conservation of important heritage structures, including some century-old s .....

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