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In a bid to bolster Ghana’s tourism trade and appeal to vital funding, the maiden Tourism Funding Summit is about to happen tomorrow.
The summit, organised by the Ministry of Tourism, Arts and Tradition, is supported beneath the Ghana Tourism Improvement Undertaking in collaboration with the Ghana Tourism Improvement Firm and different businesses, goals to carry collectively key stakeholders within the tourism worth chain.
The first goal of the summit embody showcasing Ghana’s wealthy and numerous tourism funding alternatives, attracting consideration to the nation, and positioning it as a horny vacation spot for Overseas Direct Investments (FDI) in tourism.
The occasion additionally seeks to foster international integration of Ghana’s tourism commerce and safe investments in varied precedence and rising tourism sectors for mutual advantages.
Individuals on the summit will characterize a big selection of sectors, together with Tourism Worth Chain Operators, Regulatory and Licensing Establishments, Monetary Advisory Sector, Actual Property, Banking, Insurance coverage, Transport, Aviation, Tourism and Commerce Associations, Public Entities, and SOEs.
Moreover, the summit will see the involvement of the Diplomatic Corps, Authorized Practitioners, Improvement Companions, NGOs, and worldwide infrastructure and funding corporations from South Africa, United Arab Emirates, United States of America, United Kingdom, Saudi Arabia, and Turkey.
Ghana, sometimes called the “Centre of the World,” boasts wealthy pure, historic, and cultural sources that would function enticing vacationer locations.
Nevertheless, the nation’s tourism trade faces challenges equivalent to a scarcity of investments, insufficient coordination amongst trade gamers, infrastructure upkeep points, excessive resort lodging prices, inadequate home airways, and a scarcity of coaching in tourist-related providers.
Regardless of these challenges, the Ministry of Tourism, Arts and Tradition is actively addressing them by way of initiatives just like the Ghana Tourism Improvement Undertaking (GTDP), funded by the World Financial institution.
The GTDP goals to enhance tourism efficiency in focused locations, appeal to personal sector participation and funding, and help the event of public websites and personal points of interest.
Whereas the GTDP has made vital strides in bettering chosen websites and points of interest, there stays a necessity for extra investments in varied tourism-related enterprises.
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The Ghana Tourism Improvement Firm has recognized commercially viable tasks, together with the Heart of the World Undertaking, Air Charters and Chopper Companies, Massive Tree Vacationer Web site, Digital Tourism Platforms, and extra, that require promotion for state, company, institutional, and particular person investments.
The summit additionally addresses infrastructural deficits within the trade, emphasising the significance of excellent roads, energy provide, railways, finances accommodations, home flight stations, water crafts, picnic areas, theme parks, theatres, coaching faculties, and conferencing amenities to reinforce vacation spot attractiveness.
As Ghana strives to turn out to be a high tourism vacation spot, the summit goals to create jobs, generate revenue, cut back poverty, and place the nation as a horny hub for international tourism investments.
The occasion will function a platform to focus on potential funding alternatives and encourage each native and international buyers to contribute to the expansion of Ghana’s tourism, arts, and hospitality sector.
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