Archive for the 'Shamuka Beach project' Category

Update on the Shamuka beach project near Puri in Odisha

Bhubaneswar- Cuttack- Puri, Business Standard, Puri, Puri, Shamuka Beach project, Sites in and around Bhubaneswar 1 Comment »

Following is an excerpt from a report in Business Standard.

The state government, which acquired around 970 acres of land in the first phase for the Rs 3500-crore project, has now set in motion the process to acquire 626 acres of land for the project in the second phase.

The second phase land acquisition is expected to be completed by the end of 2010. The Shamuka tourism project needs 2500-3000 acres of land in all.

The project is being developed near Sipasarubali, about 10 km south of Puri on the public-private partnership (PPP) mode.

…  After the second phase land acquisition, the Orissa Tourism Development Corporation (OTDC) will invite fresh bids for the project. This has been necessitated as the initial attempt to invite bids for the project received lukewarm response last year.

It may be noted that only three hotel chains had participated in the earlier bidding process for developing the four five star hotels on 100 acres of land. …

The state government had engaged global consultancy firm PricewaterhouseCoopers (PwC) to incorporate some new provisions in the bid document for the Shamuka tourism project so as to make it investor friendly.

… The state government is investing Rs 50-70 crore on providing external infrastructure like electricity and water supply for the five-star hotel properties. Apart from the four five star hotels, the Shmauka tourism project would have facilities like a convention centre of international standards with a seating capacity of nearly 1,500, an 18-hole golf course, boutique hotels, international spa and wellness centres, an entertainment zone and sports facilities.

Hoteliers selected for the Shamuka beach project

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Following is from a report in hospitalitybizindia.

Eleven hospitality majors like the Indian Hotels Company, ITC Welcomgroup, Dubai-based Emaar MGF, DLF, IHHR Hospitality, Apeejay Surrendra Park Hotels, Goa-based VM Salgaonkar Bros Pvt Ltd, Unitech, Delhi-based Zoom Developers, Kolkata-based Shristi Infrastructure Development Corporation and Mumbai-based Subha Hospitality have been selected by the Tourism Department of Orissa to convert Samukha Beach, the long virgin beach situated near the Konark Temple, into the biggest beach city of India.

The project was planned to be completed in two phases on a public private partnership (PPP) format in October 2007. The beach city will house five-star properties, golf courses, convention centres, handicrafts centres, art centres and conventions halls. It will also include special varieties of housing estates, social housings, condominiums, budget hotels and villas.

The Tourism Department inaugurated the commencement of the awaited hop-on and hop-off bus services, recently. Sasank Rath, Officer on Special Duty, Orissa Tourism said that the work for sizing of the lands is currently going on, while lands will be disbursed by the end of August 2008. The Tourism Department plans to invest Rs 2000-3000 Crore to build the whole project. The State Government will invest Rs100 Crore for infrastructure development. Work on the project is expected to start in August 2008 and it will take another 42 months for it to be completed.

 

VGF funding scheme may come in handy for some PPP projects in Orissa

Bhubaneswar- Cuttack- Puri, Business Standard, Integrated Sewerage, Khordha, PPP, Puri, REAL ESTATE, Roads, highways and Bus stands, Shamuka Beach project, VGF No Comments »

Following is an excerpt from a report in Business Standard.

The Planning Commission today suggested the Orissa government to prepare a detailed project report (DPR) for three projects for availing of assistance under the viability gap funding (VGF) of the Centre.

These three projects are Rs 3200 crore Samuka Special Tourism Project, Rs 1500 crore Sambalpur-Rourkela road project and the Rs 1500 crore worth Bhubaneswar Solid Waste Management Project.These projects worth about Rs 6200 crore will be implemented on a pilot basis.

"A new format has been developed for availing of the assistance from VGF and the Orissa government will have to prepare a DPR keeping in view the new format and submit it to the Planning Commission", Subash Pani, secretary, Planning Commission said.

After reviewing the projects taken up in the Public-Private-Partnership ( PPP) mode by the Orissa government, Pani told media persons that the Centre can provide upto 20 percent of the project cost under the VGF. So the state government can take advantage of it.

He said, the Centre introduced the VGF last fiscal and no state has availed of the assistance from this fund created with the objective of bridging the gap in funding viable projects taken up in PPP mode.

Pani said, the Orissa government plans to execute 35 important infrastructure projects in PPP mode. While 25 projects are in the pipeline, 10 projects are on going.

The on-going projects include Rs 68 crore Palasapanga- Bamberi road, Gopalpur port, Dhamra Port, Rs 480 crore international convention centre, Rs 146 crore IT and Corporate Tower (Bhubaneswar), Rs 500 crore Info Park(Bhubaneswar), Rs 35.67 crore Knowledge park, Rs 352 crore SEZ-BPO at Mancheswar, Rs 76 crore Commercial and IT Complex at Rourkela.