MPTB to Attract Investments For 28 Land Parcels
ECONOMY & POLICY

MPTB to Attract Investments For 28 Land Parcels

Aiming to enhance adventure and recreational infrastructure in the state, Madhya Pradesh Tourism Board (MPTB) is contemplating attracting investment from private entities on 28 new land parcels and seven heritage properties in the state, for which the department has commenced the tender issuance process. 
The state govt is seeking investment for establishing eco-tourism destinations, resorts, hotels and wellness centres at identified locations to bolster tourism in the state. 
Mandsaur, Dhar, Narsinghpur, Chindwara, Bhind, Neemuch, Betul, Narmadapuram, Raisen, Shajapur and Shahdol are amongst the locations where MPTB intends to offer land to investors for creating infrastructure.”In the state, 28 new land parcels and seven heritage properties are prepared for bidding. The objective is to develop infrastructure and augment amenities and services to enhance tourist footfall in the state. 
Tourist influx in the state is increasing and development of fresh infrastructure will provide a further impetus to the properties. In MP, we possess ample land parcels spanning across diverse geographies including wildlife, hills and plains, providing numerous options for investors to select from the offered properties,” said Bidisha Mukherjee, the additional managing director of MPTB. 
The board has allotted around 79 land parcels to private investors for establishing various tourism projects till date. Of these, nine projects have become operational, 31 are under construction and 39 units are in process. 
MPTB is additionally considering developing new wayside amenities amongst Gwalior, Hoshangabad, Rewa, Jabalpur and Rajgarh. Presently, approximately 100 way-side amenity centres have been transferred to private investors for operation, of which more than 75 are operational in the state. 

Aiming to enhance adventure and recreational infrastructure in the state, Madhya Pradesh Tourism Board (MPTB) is contemplating attracting investment from private entities on 28 new land parcels and seven heritage properties in the state, for which the department has commenced the tender issuance process. The state govt is seeking investment for establishing eco-tourism destinations, resorts, hotels and wellness centres at identified locations to bolster tourism in the state. Mandsaur, Dhar, Narsinghpur, Chindwara, Bhind, Neemuch, Betul, Narmadapuram, Raisen, Shajapur and Shahdol are amongst the locations where MPTB intends to offer land to investors for creating infrastructure.”In the state, 28 new land parcels and seven heritage properties are prepared for bidding. The objective is to develop infrastructure and augment amenities and services to enhance tourist footfall in the state. Tourist influx in the state is increasing and development of fresh infrastructure will provide a further impetus to the properties. In MP, we possess ample land parcels spanning across diverse geographies including wildlife, hills and plains, providing numerous options for investors to select from the offered properties,” said Bidisha Mukherjee, the additional managing director of MPTB. The board has allotted around 79 land parcels to private investors for establishing various tourism projects till date. Of these, nine projects have become operational, 31 are under construction and 39 units are in process. MPTB is additionally considering developing new wayside amenities amongst Gwalior, Hoshangabad, Rewa, Jabalpur and Rajgarh. Presently, approximately 100 way-side amenity centres have been transferred to private investors for operation, of which more than 75 are operational in the state. 

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