$95 mn ADB loan for Himachal tourism infrastructure
July 21st, 2011 - 12:07 am ICT by IANSShimla, July 20 (IANS) Himachal Pradesh Wednesday inked a $.95.16 million loan agreement with the Asian Development Bank (ADB) for strengthening tourism infrastructure, an official statement said.
The agreement was signed by Principal Secretary (Tourism) Manisha Nanda and ADB officer in-charge (India) Prodyut Dutt at a function in New Delhi.
Director Tourism Arun Sharma, who was also present at the function, said tourism in the state contributed around 8 percent of the state’s GDP.
Himachal Pradesh, whose economy is highly dependent on tourism, attracted 13,298,748 tourists, including 454,851 foreigners, last year.
Kullu-Manali has emerged as a favourite tourist destination, followed by Shimla and Dharamsala.
- Himachal records 16 percent rise in tourist arrivals - Jan 04, 2011
- Himachal's snowy peaks pull in tourists - Dec 12, 2011
- Himachal hotels booked for weekend bonanza - Aug 18, 2011
- Beware of fatal fall in Himachal rivers - Jun 02, 2011
- Time for pulsating action on Himachal highway - Jun 09, 2011
- Himachal records 16 percent increase in tourists - Jan 10, 2011
- Shimla's Mall Road set for cobbled stone makeover (Postcard from Shimla) - Nov 12, 2011
- Himachal sop for senior citizen tourists - Sep 27, 2011
- To pull tourists, Himachal books its legends (IANS Books)(With Image) - Aug 24, 2011
- Himachal likely to get 50,000 weekend tourists - Aug 09, 2012
- Taj to set up resort hotel near Shimla - Feb 18, 2011
- Helicopter taxi service launched in Himachal - Jan 29, 2011
- Himachal to develop eco-tourism in Sangla Valley - Dec 27, 2011
- Rs.454-crore ADB loan for Himachal tourism development - Oct 03, 2010
- Himachal ties up with three helicopter taxi operators - Dec 06, 2010
Tags: adb loan, arun sharma, asian development bank, dharamsala, economy, foreigners, gdp, himachal pradesh, India, loan agreement, manali, manisha, nanda, New Delhi, principal secretary, tourism infrastructure, tourist destination, tourists