Team Herald
PANJIM: The Goa Tourism Development Corporation (GTDC) has decided to revive its six-year-old ropeway project over the Mandovi River, stretching from Panjim to the picturesque village of Reis Magos across the river. The project, worth Rs 150 crore, which was initially envisaged in 2016, was stalled despite a concessionary being engaged.
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The Goa Coastal Zone Management Authority (GCZMA) during its meeting held on September 30 decided to grant a No Objection Certificate (NOC) to the project.
The GTDC had approached GCZMA for permission seeking clearance under the Coastal Regulation Zone (CRZ) for the project titled “development, operations and maintenance of passenger ropeway along with allied tourism activities between Panjim and Reis Magos”.
The Investment Promotion Board (IPB) in 2015 had granted in-principle approval to the ambitious project, followed by cabinet approval in 2016.
However, in 2017, IPB withdrew in-principle approvals granted to 17 investment proposals including the ropeway project, for falling under the Coastal Regulation Zone (CRZ) areas.
In 2016, GTDC had executed an agreement with Royal Rides to undertake the project in Design, Build, Finance, Operate & Transfer (DBFOT) mode.
The GTDC had already executed an agreement with Royal Rides on December 9, 2016, to undertake the project.
At that time, the project had proposed facilities like recreation and entertainment tourism activities such as a Gondola restaurant, 4D aquarium, zip line, and a revolving restaurant among others.
