Despite grappling with the challenges of political instability in North Africa and the impact of the eurozone crisis in Europe, Morocco continues to pursue the objective identified in its national tourism development plan, Vision 2020, of becoming a top-20 tourism destination by 2020. The sector already contributes 12% of GDP, supports around 505,000 direct jobs and is an important foreign...
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Benefitting from strong ties to both Europe and the Arab world, Morocco has the right ingredients for future growth: low inflation, political stability, an industrial base and a favourable climate. With the outlook improving for Morocco’s trade partners and the lower price of oil – of which the country is a net importer – most observers expect growth to be even stronger in 2015, with estimates ranging from 4.4% to 5.0%.
Following successful completion of the Papua New Guinea liquefied natural gas project, the country is experiencing a surge of optimism about foreign investment and overall economic growth. PNG remains favoured by its traditional investors such as Australia, but it is increasingly a target for new players, including China and Japan.
Interviews & Viewpoints | Richard Knight, Owner, Loloata Island Resort: Interview from The Report: Papua New Guinea 2015
To what extent are issues of law and order keeping tourists from visiting Papua New Guinea? What can be done to improve the country’s image abroad?
Articles & Analysis | Cruise tourism is docking in PNG from The Report: Papua New Guinea 2015
Steady growth in global cruise tourism is reaching the South Pacific, and Papua New Guinea is no exception. In 2014 some 22.1m passengers boarded cruise ships, up from 21.3m in 2013, according to the Cruise Lines International Association (CLIA), which forecasts 23m for 2015. One of the fastest-growing source markets is Australia, where...
Articles & Analysis | Tourism events in PNG showcase the country from The Report: Papua New Guinea 2015
The capital of Port Moresby is set to undergo a significant transformation, while the country as a whole should be left with a lasting legacy when Papua New Guinea plays host to two recognised sporting events over the next two years. The 2015 Pacific Games took place in the capital in July, and the FIFA U-20 Women’s World Cup is scheduled for...