Gujarat enjoys unique geographical features, longest shoreline with serene beaches, lush hill station,
exotic wildlife, enchanting art forms, magical festivals and much more. All of which offers a unique experience
to the visitors of this land. With such a background, tourism as an industry has immense potential which the state can
tap to add to already flourishing economy of the state. With the same perspective, the Tourism Corporation of Gujarat
Limited (TCGL) and Infrastructure Leasing & Finance Services Limited (IL&FS) has formed a joint venture company named
Gujarat Tourism Opportunity Limited (GUJTOP) to augment the tourism industry in the state.
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GUJTOP undertakes following activities as project development process towards technical closure of a typical tourism project
· Project identification & conceptualization
· Land Identification and assistance in acquisition from other government
departments
· Demand assessment and techno-economic feasibility studies
· Project Structuring including Funding Strategy
· Branding and Marketing
· Bid Process Management and selection of successful developer including
a. Preparation of EOI/RFQ, Request for Proposal, Concession Agreement
b. Evaluation of EOI/RFQ’s and RFPs
c. Signing of Concession Agreement & Project Closure
In the coming time, GUJTOP intends to develop itself as a platform that will promote tourism infrastructure across the state. GUJTOP will provide advisory services for private investors who intend to invest across the state, establish the required marketing and promotion arrangements, which will help to enhance state’s tourism at domestic and international level.
As a company, GUJTOP will not only be associated in planning of the tourism development strategies in the state, it will also facilitate private developers in establishing the right business theme to be put in place by providing its services as an advisory.
The long term vision of GUJTOP is to create a supportive environment for investors to tap into the immense potential for tourism, in the state of Gujarat. Also, to assist the Tourism Department in developing tourism infrastructure through a public private partnership format, thereby assisting government.
GUJTOP has been assisting tourism department of Gujarat in undertaking various activities including development of tourism infrastructure projects on Public Private Partnership format, assisting Government in Policy Development and many other initiatives as detailed out below:
Tourism infrastructure projects on PPP format
(i)Multiple Tourism Projects
GUJTOP has been mandated to undertake 50 tourism projects across Gujarat to be developed on PPP format.
To enhance tourism infrastructure across the state, GUJTOP has identified potential sites that can be developed.
With this perspective certain themes that are to be promoted are listed below:
1. Beach Tourism & Water sport activities
2. Religious tourism
3. Business Tourism
4. Tribal/Rural/Craft tourism
5. Eco-tourism / Wild-life tourism
6. Wayside Amenities
(ii)Mega International Convention Centre at Vadodara
(iii)Tourism Development at Kutch Mandvi
Assisting Government in Policy Development
(i) Gujarat Tourism Regions act
(ii) Eco Adventure tourism policy of Gujarat
Other Initiatives being developed by SPV
(i) Identification of Private land bank for tourism projects:
(ii) Infrastructure Gap assessment for selected tourism destinations in Gujarat
(iii) Development of Adventure Sports/Water Sports and Aero sports across Gujarat
(iv) Marine Conservation Research Institute (Oceanarium) at Jamnagar