No bidders for Rushikonda palace project
The Andhra Pradesh government’s proposal to convert the controversial beach-front Rushikonda palatial complex in Visakhapatnam into an international-standard hospitality destination through public-private partnership has hit the road block with no private player expressing interest in the project, state tourism minister Kandula Durgesh said on Saturday
The Andhra Pradesh government's proposal to convert the Rushikonda palace, a beach-front complex in Visakhapatnam, into an international-standard hospitality destination has not attracted any private bidders. State tourism minister Kandula Durgesh attributed this to the large room sizes not being suitable for standard hotel operations.
The complex, built as a residence-cum-camp office for former chief minister Y S Jagan Mohan Reddy, has been vacant for two years and has been costing the state exchequer ₹7 crore annually for maintenance. Despite the lack of immediate interest, the government remains optimistic about the project's future, stating that they will find a way to utilize the complex for hospitality purposes or boost tourism.
The Andhra Pradesh Tourism Development Corporation had invited expressions of interest from various stakeholders for the operation, maintenance, and commercial utilization of the Rushikonda building complex.
Brief written by urgent.news from Hindustan Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
