PTDC to approach multi-national companies for joint venture

Pakistan Tourism Development Corporation (PTDC) has decided to approach multi-national companies for joint venture and up-gradation of its motels and other sites.

An official of PTDC told APP that for beautification and refurbishment of PTDC motels, interested parties have been invited to get the work get the work done on sponsorship basis.

He said that private sector has also been invited to work on joint venture, Built Operate Transfer (BOT) basis in the field of tourism, for which some investors have approached from outside and within the country. He said that as soon as land is made available, construction work will be started.

He said that PTDC also approached provincial governments Punjab and Sindh for provision of land on lease at Sadho Balla, for promotion of tourism and Gorakh hill station for joint venture for promotion f tourism.

He said that PTDC is also planning to develop tourists spot at Sukkur Sindh province on its own piece of land – APP