In the early 1990s, the Government of Maharashtra decided to develop the tourists circuit of Aurangabad district (Ajanta, Ellora, Daulatabad and Bibi Ka Maqbara in Aurangabad city ), but due to lack of funds and also partly because of lack of interest of the political class and beaureucratic apathy, the project failed to take off.In the late 1990s, the government of Maharashtra decided to handover the project to JBIC (Japan Bank for International Cooperation), which was suppose to plan, finance and implement the project. JBIC was to help in several ways, by monument conservation, augmenting Aurangabad airport, upgrading roads to the monuments, improving quality of water supply, supplementing electric supply and putting in place a visitor management system.The overall funds required for the first phase was Rs 81.71 crore out of which Rs 69.48 crore was contributed by JBIC. It concentrated on the basic infrastructure and necessary amenities in and around Aurangabad. The second phase comprising Rs 360 crore, has received about Rs 300 crore from JBIC with the balance being brought in by the respective implementing agencies.