ICAD Dubai as a part of its long-term investment strategy is contemplating to invest in the Hospitality and Tourism Sector in India.

ICAD Dubai as a part of its long-term investment strategy is contemplating to invest in the Hospitality and Tourism Sector in India. It has signed an agreement for investment with a Hotel company in India for developing, managing and operating a Hotel in Odisha State, India. It has also investing hugely in the development of a proposed 5-star hotel and Commercial Center near Konark in Puri District, Odisha. It has already invested around USD 5.00 million in developing this property in India.