The Asian Development Bank would soon open its Project Management Unit Shimla and Kangra

The Asian Development Bank would soon open its Project Management Unit Shimla and Kangra, for expeditious execution of Rs 428.22 crore Mega Tourism Infrastructure Development Project in the State in next four years.
Chief minister P K Dhumal disclosed this after his meeting with Asian Development Bank Mission headed by Atsesushi Kaneko, Senior Urban Development Specialist, Vivek Vishal, Assistant Project Analyst and other heads of various units, here today.The Chief Minister said that the ADB assistance was bound to add new dimensions to tourism promotion activities and help in attracting more tourists to the state.The setting up of Project Management Unit at Shimla and Project Implementation Unit at Kangra would mark starting of execution of the project and the agreement with the ADB, Department of Economic Affairs, Government of India and State Government would be executed in the near future, after observing all codal formalities.
detailed discussions were being held at different stages to give final shape to execution of the and informed that ADB had drawn a plan to provide loan of USD 95.16 million (Rs 428.22 crore) during the period 2010-2014.the implementation of the ADB Project, quality infrastructural facilities would be added to the existing tourism infrastructure in the state.Detailed the components of the proposed project and said that ADB was keen to start the execution process on priority since all required codal formalities were nearing completion at different level.