Thursday, September 9, 2010

Assistance to Tourism Sector from Asian Development Bank

Asian Development Bank (ADB) has provided the following Technical Assistance (TA)/ Projects Preparatory Technical Assistance (PPTA)/ Regional Economic Technical Assistance (RETA) during the last three years and the current year:



§ PPTA of US $ 0.5 million has been provided on grant basis for Project Processing and capacity Development for nation wide study.



§ PPTA of US $ 1.0 million on grant basis for Inclusive Tourism Infrastructure Development Project for the states of Punjab, Uttarakhand, Himachal Pradesh and Tamil Nadu.



§ RETA of US $ 2.0 million on grant basis for Improving Connectivity and Destination Management of Natural and Cultural Resources in the South Asia Sub-region for the state of Sikkim.



Further a loan assistance of US $ 20.0 million from ADB has been negotiated for South Asia Tourism Infrastructure Development Project for the state of Sikkim.

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