MoUs signed with major companies to invest Rs 10,644 Cr. in tourism sector: AP Minister

Vijayawada, Sept. 27 -- Andhra Pradesh Tourism Development Minister Kandula Durgesh said that AP State has signed 103 MoUs during the last 15 months with 103 companies to invest Rs 10,644 crore in the tourism sector.

Elaborating on the tourism development, in the Legislative Assembly on Saturday, Tourism Minister Durgesh said that AP State has got Rs 411 crore from the Central government to develop tourism projects and informed that AP has drawn inspiration from Goa to develop the sea-based tourism.

"AP has signed 103 MoUs during the last 15 months with 103 companies to invest Rs 10,644 crore in the tourism sector which includes construction of hotels, resorts, theme parks, eco, adventure projects and wellness retreats," the Tourism Minis...