EoI invites for leasing out JKTDC properties
Government has invited expression of interest (EoI) to develop Jammu Kashmir Tourism Development Corporation’s (JKTDC) infrastructure on public private partnership mode, while the investors asked to submit complete applications by December 15.
Officials said that government has initiated a process to boost development, operations and maintenance of various hospitality infrastructures at 14 locations in the Union Territory of Jammu and Kashmir on PPP mode and invited EoI from the interested national, international entities (companies having experience in hospitality, tourism industry, restaurants , wayside amenities etc.
The download of documents started in November while the first meeting of interested investors were held today. In the meeting representatives from The Fern Hotels & Resorts, KC Residency, Lords Hotels & Resorts, Hub Holiday, Club Mahindra, ITC Hotels and others were participated. They were were briefed in details about the properties to be developed on PPP mode.
The interested investors also asked to submit complete applications by December 15. The form can be downloaded from the JKTDC website mentioned below: www.jktdc.co.in.
Furthermore, Expression of Interest is to be submitted in the prescribed manner through email only on [email protected] by 5.00 pm of December 15, 2022 in English only.
The interested investors asked to go though the checklist before submission which includes letter of application including preference towards bundling of project assets, details of the applicant in terms for firm details, experience in restaurant, hotel, resort etc. or any other hospitality business, financial details in terms Net Worth, Annual Turn-over/ Revenue from operations and Revenue from similar projects (Hospitality / Tourism Industry / restaurants / wayside amenities etc.) for last five years etc, comments & suggestions on the proposed facilities at each of the project location, copy of Registration Certificate of the Firm, copy of GST registration certificate.
