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Gujarat govt to disinvest from 26 properties of GTC

Written by: Staff
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Gandhinagar, May 17 (UNI) With a view to promote tourism in Gujarat during the current year being celebrated as 'Gujarat Tourism Year', the state Government has decided to disinvest from some of the properties of Gujarat Tourism Corporation (GTC) to get them developed and promoted by the private parties.

The decision to this effect was taken by the Gujarat cabinet during a meeting held under the chairmanship of Chief Minister Narendra Modi this afternoon, an official release said here.

In a joint statement, Gujarat Urban Development Minister I K Jadeja and Gujarat Finance Minister Saurabh Patel said that the decision was with a view that the private companies could promote the tourism in the state in a better way.

The cabinet has decided to disinvest from as many as 26 properties. However, in the first phase, only seven properties would be handed over to private parties, the release said.

These properties are Palace Beach Resort (Chorwad, Junagadh), Hotel Sumeru (Palitana, Bhavnagar), Tourist Bunglow (Veraval, Junagadh), Toran Cafeteria (Modhera, Mahesana), Tourist Complex (Valthan, Surat), Dwarka Guest House (Dwarka, Jamnagar) and Cafeteria (Gandhinagar).

These properties will be disinvested at the present market price through tender bidings with a condition that they would be utilised for promotion of tourism activities in the state, the release added.

UNI MP SSS PK RN2202

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