The Goa Tourism Development Corporation did the citizens a huge favor by building the multilevel car park. In what can be viewed as a boost in tourism, the GTDC are all set to revamp the surrounding areas of the infamous Santa Monica Jetty.
Krishna Associates won the bid to develop the Santa Monica jetty . The winning bidders will develo and beautify the area. Additionally, erection of kiosks, arrangements for seating and management of the multi-car parking facility will be taken up.
Krishna Associates were selected after they made a convincing and impressive presentation on their plans of developing the place as well as operating the car park. The lease agreement will be signed for a period of 33 years with Krishna Associates paying GTDC Rs.1.45 crores annually. The agency will be given advertising rights to enable them to earn a profit to spend. The agency will also get to run the restaurant on the Santa Monica jetty.