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Investor Presentaiton

FINANCING SUSTAINABLE TOURISM IN KHYBER PAKHTUNKHWA 3.1 Tourism Act, 2019 an Khyber Pakhtunkhwa Tourism and Culture Authority (KPCTA) The Tourism Act, 2019 establishes the Khyber Pakhtunkhwa Tourism Authority (KPCTA) which is responsible for administrative, financial and regulatory control over all activities undertaken with the approval of the Provincial Tourism Strategy Board (also formed under the Tourism Act). The KPCTA is responsible for framing licensing regulations for tourism products, activities and services and may, by regulation, require a payment of a tourism levy from persons engaged in tourism services or from tourists. The Act also establishes a tourism fund which is to be kept in a scheduled bank and spent with the Board's approval. Sources of income for the fund include grants from the government, rents and profits, gifts and grants from private entities, proceeds of charges, fees and taxes levied by the Authority, funds generated from tourism activities (for a detailed list refer to Appendix- A. 16 (a) The fund is intended to be used to finance research, development and marketing of tourism in the province. It will also be used to finance the development of Integrated Tourism Zones and for training and capacity building of the hospitality sector (for a detailed list refer to Appendix A(b)). The most significant program of KPCTA is the demarcation and establishment of Integrated Tourism Zones (ITZ). Once an area has been demarcated as an ITZ, it is to be governed by the rules and provisions of the Act and the laws and regulations of other departments (such as the Forest Ordinance, Environmental Protection Act, Local Government Act) are no longer applicable to the area designated as an ITZ. The ITZ has been envisioned as providing a one window service to the private sector to reduce the regulatory burden of seeking permits, licenses etc. from various government departments by the private sector. To ensure that environmental and cultural integrity is not compromised, the Authority aims to maintain a healthy balance between the objectives of promoting tourism and preserving forest, wildlife, biodiversity, and local cultural heritage.17 Integrated Tourism Zones (ITZ) One Window Solution FOR PRIVATE SECTOR INVESTMENT 16The Khyber Pakhtunkhwa Tourism Act (2019). 17The removal of all external regulations from ITZs in areas which are natural forest and wildlife reserves is problematic and can potentially cause de-forestation, loss of wildlife and environmental damage and degradation - going against the basic objectives of sustainable or eco-tourism. This particularly applies to the planned Thandiyani ITZ which is in Ayubia National Park - a protected forest reserve. It is imperative to conduct a rigorous base-line analysis of the forest and natural habitat of these areas and assess the degree of damage caused by the ITZ on the natural environment and habitat. Such a baseline assessment should be done through an external organization and not conducted internally by KPCTA or ITZS consultants etc. 21 21
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