Oberoi group to set up 7-star hotels in Andhra Pradesh at Rs 1,500 Cr
Oberoi group has proposed to invest about Rs 1,500 crore in Andhra Pradesh for the setting up of five seven-star hotels
AMARAVATI: Oberoi group has proposed to invest about Rs 1,500 crore in Andhra Pradesh for the setting up of five seven-star hotels in Visakhapatnam, Tirupati, Gandikota, Pichukalanka (near Rajamahendravaram) and Horsely Hills.
Oberoi Group president and Chief Operating Officer Rajaraman Shankar met Chief Minister YS Jaganmohan Reddy at his camp office at Amaravati on Monday.
Rajaraman Shankar said that the company wanted to set up hotels in the specified places and operate a tourism centre in Paderu region.
Oberoi Group's investment would directly provide employment opportunities to 1,500 people and over 11,000 people indirectly. The group would build all hotels with seven star facilities.
In this regard, the Chief Minister asked the officials to provide all necessary permissions for Oberoi projects in the State under a single window system.
Tourism and Culture Department Special Chief Secratary Rajat Bhargava and CMO officials participated in this meeting.