Infrastructure Development Corporation Karnataka Limited Infrastructure Development Corporation (Karnataka) Limited
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Sectors - Tourism Infrastructure
Tourism, worldwide, has been recognized as a major vehicle to produce, create and distribute wealth, generate employment and earn foreign exchange. However, tourism industry in India is still at a nascent stage, accounting for only around 6% of the country's GDP. While India has vast opportunities in the tourism sector, given the budgetary constraints the government expenditure on tourism in India is only 0.9% as compared to around 4% in China, Sri Lanka and US and over 9% in Singapore. Having witnessed the economic impact tourism across the world, there is a renewed focus on comprehensive and planned development of the sector, both at the Central and State level. Most State governments have substantial holdings in areas of tourist interest. The key challenge currently is to unlock the potential of these areas so as to enable governments to mobilize resources that could be ploughed back into improvement of the sector as whole (involving brand building, infrastructure improvements, etc).

iDeCK has been advising various State Governments in conceptualization, structuring and bid process management for development of tourism facilities through private sector participation. This includes:

  • Area development projects
  • Hotels
  • Eco-tourism projects
  • Convention centres
  • Premium showcase projects like the tourist train etc.

For the Government of Karnataka, iDeCK has successfully completed the structuring and bid process for development of around 30 properties through private participation with an estimated total benefit to the Government of over Rs. 500 Crores.

A. Project Development through Private Sector Participation

  •   Redevelopment of 28 KSTDC Hotel Properties in Karnataka
  •   Redevelopment of heritage hotel properties in Mysore- Hotel Metropole
      and KRS.
  •   Re-development of four PWD Rest Houses, Kerala
  •   Redevelopment of Tagore Cultural Centre, Kerala
  •   Development of six tourist complex at Kerala
  •   Development of Heritage Resort at Hampi
  •   Management of hotel Krishna Raja Sagar at Mysore
  •   Development of Eco-Tourism resorts, Karnataka
  •   Development of International Mega Convention Centre at Devanahalli,
      Bangalore
  •   Development of tourism properties at Belur, Pattadakal, Kemmanagundi
      and Marvante
  •   Luxury Tourist Train, Karnataka
  •   Development of Eco-Tourism Theme Based Resort, Karnataka
  •   Privatisation of eight tourism properties owned by KSTDC
  •   Privatisation of Fee Collection at Brindavan Gardens
  •   Privatisation of maintenance and provision of security at Brindavan
      Gardens
  •   Development of a Biotechnology Park under PPP framework in
      Bangalore
  •   Standardisation of bid documents for construction of tourism properties
      (Yatrinivas)
  •   Tourism Infrastructure Development at Haveri
  •   Re-development of 18 wayside facilities in Karnataka State
  •   Development of Spa-cum-Resort at Pilikula Nisarga Dhama through
      public private partnership

B. Feasibility Studies

  •   Introduction of a luxury tourist train service in Karnataka
  •   Expansion of Bannerghatta Biological Park, Bangalore
  •   Development of Kalagram “Cultural Centre”, Bangalore
  •   Development of Mini Convention Centre, Bangalore
  •   Identification of land banks for tourism development

C. Others

  •   Selection of Tourism Promotion Agency for Department of Tourism,
      Karnataka (for three different tenures)
  •   Selection of Promotion Agency for Luxury Tourist Train
  •   Concept notes for development of various tourism project



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