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Tourism+industry+growth+to+accelerate+this+year
Monday, 09 June 2014 - 8:19
Tourism industry growth to accelerate this year
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According to the Ministry of Finance and Planning Annual Report 2013, the tourism industry which recorded an impressive growth last year is poised for further expansion this year with foreign direct investments amounting to around 3,000 million US dollars.

It said that large-scale domestic entrepreneurs providing high-end boutique hotels capitalising on the bio-diversity of the country will spur growth in the tourism industry.

Provision of home-stay facilities in popular tourist locations across the country to raise room capacity to around 40,000 by 2016, will boost tourism industry growth enabling to woo 1.2 million visitors.

 
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