State Affairs

World Bank boost to tourism projects in Odisha


The tourism sector in Odisha is likely to get a fillip with International Finance Corporation (IFC), the lending arm of World Bank, evincing interest in the state. An IFC delegation on Wednesday held discussions with tourism department officials here and agreed to provide the technical know-how.

Department sources said IFC would help to expedite two long-pending projects — Shamuka beach project in Puri and Dhauli Peace Park in Bhubaneswar — stuck in limbo due to operational hiccups. Both the projects, announced in 2004, are yet to see the light of day due to slow pace of land acquisition and infrastructure development.

Full report here Times of India


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