NITI Aayog to host Investors’ Conference for development of Islands


New Delhi: NITI Aayog will host an Investors’ Conference on August 10, 2018 at Pravasi Bharatiya Kendra In New Delhi for the Holistic Development of Islands.

The Conference will be inaugurated by NITI Aayog CEO Amitabh Kant. It will attract investment for the sustainable development of eco-tourism projects on PPP mode in Andaman & Nicobar, and Lakshadweep Islands.

The 11 anchor tourism projects are proposed to be implemented with private sector participation under suitable risk-sharing model and through open-competitive bidding.

An apex body, Island Development Agency (IDA) under the chairmanship of Home Minister, was constituted in June 2017. NITI Aayog has been mandated to steer the development of Islands program, along with the respective UT administration/ State Governments.

Under the said program in the first phase 10 Islands in Andaman & Nicobar and Lakshadweep have been taken up for holistic development, it was learnt.

The IDA has reviewed 11 anchor tourism projects (6 in Andaman & Nicobar and 5 in Lakshadweep) and several other infrastructure projects, inter-alia, Ro-Ro ferry services, desalination plants, digital connectivity, green energy, for implementation in the first phase.

For enhanced connectivity, airport at Diglipur would be made operational for civilian aircrafts by December 2018, while Agatti airport is being expanded and in-principle clearance has been accorded for greenfield airport at Minicoy.

The said anchor tourism projects have been identified on Government owned land in Smith, Aves, Long, Neil & Little Andaman Islands of Andaman & Nicobar, and in Kadmat, Suheli & Minicoy islands of Lakshadweep.

Out of these 11 projects, 7 (4 in Andaman & Nicobar and 3 in Lakshadweep) are in “Ready to Launch” stage. Detailed land survey & demarcation of project sites, carrying capacity assessment of the project islands, CRZ application and pre-feasibility study have been undertaken.

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