Malabar Tourism Development Cooperative Limited (MTDC) was registered on 15 February 2000. And one month later on 9 March 2000 kick-started its operations with E.P. Jayarajan as the chairman. The job sector of Malabar, mainly Kannur focused on textile industry especially
handloom,
khadi and other industries such as
beedi,
pottery etc. an integral part of conventional occupation of the region. But all these occupations faced many challenges which gradually lead to an economic decline. In such scenario, to meet the growing market and to create more job opportunities in addition to catering to the growing tourism industry, MTDC came into existence. The main objects of MTDC are to promote, establish, maintain and manage the business related to tourism and hospitality industry by setting up establishment such as: • Amusement park, museum. • Tour operations for foreign and domestic tourists. • Hotels, restaurants, cool bars, ice cream stall, motels etc. • Shops for selling handicrafts, curious etc. • Water sports and river cruises. • Hill and beach resorts with all modern facilities to attract foreign and domestic tourists, etc. Vismaya park is one of the first projects started by MTDC. ==Features==