State Affairs

U.S. investors eye Telangana tourism projects

HYDERABAD: Tourism in Telangana State has caught the eye of U.S. investors.

The investors, who would reach the city this month for Global Entrepreneurship Summit, would discuss the possibility of investment in Telangana’s tourism projects, reports The Hindu.

Telangana has seen a 15 per cent jump in tourist footfall from the US in the past three years. Air connectivity to 12 destinations to help increase the footfall will be discussed in detail, said Mr. B. Venkatesham, Secretary, Tourism and Culture.

Earlier in April, a U.S delegation had discussed the possibility of investment with the Department of Tourism.

The delegation had discussed their common interests in wildlife tourism, eco-tourism and Buddhist spritual tourism destinations in the State.

Mr Venkatesham said that the US delegation had expressed keen interest in tourism development in the city.

The same chain of discussions could continue during the global meeting. He, however, added that the interests of private parties should be in line with that of the government for the projects to fructify.

The department had showcased historical monuments including Charminar, Golconda, Qutub Shahi Tombs and Ramappa Temple at the April meeting. Discussions could now lead to other tourism projects including monuments coming up in the suburbs.

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