Investor Presentaiton slide image

Investor Presentaiton

Lack of Private-sector Stakeholder Engagement with Development Authorities FINANCING SUSTAINABLE TOURISM IN KHYBER PAKHTUNKHWA 4.5 Although the Development Authorities in KP seem autonomous with independent boards - these are still undemocratic entities and cannot be considered a substitute to municipal or local governments that are accountable to the constituency they serve. According to a GDA representative, local businessmen are barred from membership of the board because of apparent vested interests. Hence it is apparent that the respective boards of each authority approve proposed plans and expenditures related to tourism or infrastructure development without any formalized stakeholder involvement. This isolates the private sector from the decision making process, even though there are a fixed number of seats for private sector representatives on the board of all authorities. The de-linking of the private sector stake- holders is bound to dampen any incentive to pay taxes/levies or fee to these authorities even if the money is being spent locally on improving public services and infrastructure. Moreover, as the revenue and expenditure jurisdiction of development authorities, such as the Galiyat Development Authority (GDA), is extensive and covers the main tourist areas of KP, a thorough assessment of their perfor- mance, capacity, and capability of using locally generated revenues for infrastructure develop- ment and service delivery needs to be under- taken. This could be an area of further research work. A simple solution is to formalize the engagement of private sector associations, such as Hotels and Restaurants Association etc. by including them as members of working committees of the board. As the Kaghan Development Authority and Upper Swat Development Authority are nascent, such structural changes in management and governance of the authorities can still be made. 29 29
View entire presentation