Gujarat Tourism inked 10 MOUs with Rs 770 Crore Investment during ATOAI Convention

Gujarat Tourism inked 10 MOUs with Rs 770 Crore Investment during ATOAI Convention

In a significant development during the 15th Annual Convention of the Adventure Tour Operators Association of India (ATOAI), the Gujarat Government entered into ten Memoranda of Understanding (MoUs) with a staggering investment of Rs 770 crore aimed at transforming the state's tourism landscape. The signing ceremony took place ahead of the prestigious 10th edition of the Vibrant Gujarat Global Summit. 

The Vibrant Gujarat Summit 2024 is scheduled for January 2024 in Gandhinagar, seeks to position the state as the most favorable investment destination.  Shri Mulabhai Bera, the State Minister for Tourism, Forest, and Environment, graced the occasion with his presence.

One of the key highlights was an MoU worth Rs 145 crore earmarked for the establishment of a four-star resort, conference, and convention area in the tribal-dominated Narmada district. This strategic initiative aims to generate employment opportunities for over 450 local tribals, contributing to the inclusive growth of the region.

Another noteworthy MoU, signaling an investment of Rs 400 crore, was inked for the development of a world-class entertainment zone and culture theme park in the state capital, Gandhinagar. The project is anticipated to provide employment to 1,100 people, further enhancing Gujarat's allure as a tourist destination.

Cinematic tourism also found its place in the spotlight, with two MoUs expressing investment intentions totaling Rs 225 crore for districts Gir, Somnath and Kutch. These initiatives have the potential to create employment for 2,500 locals, marking a significant stride in leveraging the cinematic appeal of Gujarat's diverse landscapes.

The signing ceremony unfolded during a conference at Ekta Nagar, underscoring the state's commitment to position Gujarat as a hub for adventure tourism. Minister Mulabhai Bera highlighted the exponential growth in Gujarat's tourism sector, which attracts visitors from across the country and the globe. During the recent Diwali vacation, an impressive 42 lakh people explored various tourist spots in Gujarat, signaling the state's rising prominence on the world tourism map.

The infusion of Rs 14,000 crore in the tourism sector in a single phase showcases the government's unwavering commitment to its development. Gujarat Tourism Secretary Hareet Shukla announced the tripling of the budget for tourism sector development, signaling a bold stride towards realizing Gujarat's tourism potential. With innovative projects catering to all age groups, Gujarat is poised to emerge as a trailblazer in the global tourism landscape.