Andhra Pradesh Tourism Booms: Rs 20,088 Cr Investment, 7,000 Rooms Underway
Andhra Pradesh Tourism Booms: Rs 20,088 Cr Investment, 7,000 Rooms Underway
- •Andhra Pradesh's tourism sector attracted Rs 20,088 crore in investments over 18 months, achieving industry status.
- •Approximately 7,348 modern hotel rooms are under construction at an estimated cost of Rs 9,445 crore.
- •The new Tourism Policy 2024-29 aims to create 40,000 direct and indirect jobs, transforming AP into a world-class tourist destination.
- •Significant funds allocated for greenfield ports: Ramayapatnam (Rs 2,640 Cr), Moolapeta (Rs 2,833 Cr), Machilipatnam (Rs 2,264 Cr), and Kakinada SEZ (Rs 620 Cr).
- •Fishing harbors also under development to boost coastal economy and seafood exports, with projects like Uppada (Rs 282 Cr) and Machilipatnam (Rs 263 Cr).
