Contributing some 14% to GDP, Jordan’s tourism sector is a powerhouse of the national economy, and employs roughly 6% of the country’s total workforce. In order to boost the industry, the Ministry of Tourism and Antiquities (MoTA), along with several private organisations, such as the Jordan Tourism Board (JTB), are seeking to attract investment, both local and foreign,...
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Articles & Analysis | Sector expansion spurs construction from The Report: Jordan 2014
Tourism accounts for 14% of Jordan’s GDP, with receipts in 2014 up 10% year-on-year. Efforts are under way to diversify Jordan’s tourism offerings with an emphasis being placed on religious tourism, aimed particularly at visitors from East Asia, while Jordan’s medical infrastructure remains one of the country’s most valuable tourism assets with the World Bank ranking Jordan the top medical...
In 2014 Jordan’s population reached 6.64m, as regional turbulence saw an influx of refugees from neighbouring countries. Jordan, however, remains stable as it pushes ahead with the political reforms announced in 2011. The economy continues to revive following the global economic downturn, while government commitments to tackle structural issues in the economy bode well for future growth.
The tourism industry in Sarawak is in the spotlight as sporting events and cultural festivals are being showcased as part of the wider Visit Malaysia (VMY) 2014 tourism campaign. However momentum must be continued beyond this year’s festivities in order to attract further tourism revenue and investment.
The government in Egypt is expecting a recovery of its tourism sector by next year after the latest data showed the tide may be turning for an industry that has been hit hard by domestic instability over the past three years.
Articles & Analysis | Facilitating investment and expansion in tourism and hospitality from The Report: Gabon 2014
To attract companies to invest in the Gabonese tourism and hospitality industries, the government has put in place a range of financial incentives for firms operating in the sector, as well as having begun to sign concessions with companies for the establishment of hotels and resorts in national parks. Ambitious plans to upgrade the national road transport network,...