ADB Invests $162 Million in Himachal Pradesh's Tourism Renaissance

The Asian Development Bank (ADB) has approved a $162 million loan for tourism development in Himachal Pradesh. The project focuses on enhancing heritage and cultural sites, establishing new facilities, promoting sustainability, and creating employment opportunities. It also aims to boost institutional capacity and strengthen tourism management in the state.

The Asian Development Bank (ADB) has granted a robust $162 million loan aimed at transforming the tourism landscape of Himachal Pradesh. The decision, announced on Thursday, is poised to significantly enhance the state's tourism potential.

Senior Project Officer Vivek Vishal emphasized the multifaceted nature of the project, which will upgrade and preserve the region's rich heritage and cultural sites while also establishing state-of-the-art facilities. The initiative is part of a broader effort to fortify the tourism sector and create economic opportunities for local communities.

Key developments include the restoration of Naggar Castle in Kullu, the beautification of public spaces, and the construction of modern tourist facilities. Additionally, the plan incorporates green solutions like solar lighting and electric vehicles. The project also aims to bolster the institutional capacity of the state's tourism board, equipping them with strategies for effective tourism management and marketing.

(With inputs from agencies.)