The Government of Himachal Pradesh sought the assistance of the Asian Development Bank, through Government of India, for the development of tourism-related infrastructure in the State, so as to promote the economic potential of its tourism sector. ADB, after thorough examination and extensive dialogues, agreed to extend assistance to the State’s proposal for ‘Infrastructure Development Investment Program for Tourism Himachal Pradesh (IDIPT-HP)’.
Program Objective and Scope:
The Program seeks to help the State to achieve its targets of enhancing performance of the tourism sector as reflected in: (i) an increase in the number and length of stays of tourists, (ii) more widely distributed income and benefits from tourism, and (iii) enhanced management of natural and cultural heritage sites of tourism importance.
The Program has the following components:
- Urban Infrastructure and Service Improvement
- Quality Enhancement of Natural and Cultural Attractions
- Connectivity Improvement
- Community-Based Activities
The Department of Tourism, HP is executing an Infrastructure Development Investment Project for Tourism (IDIPT-HP) under the financial assistance of the Asian Development Bank (ADB). The total cost of the project INR 619 Crores. There are two Tranches under this project. Tranche-1, the total financing approved are of $33 Million (INR 215 Crores ) and the completion period of Tranche-1 is September, 2018. Tranche 2 is of $ 62.16 Million( INR 404 Crores).