Investor Presentaiton slide image

Investor Presentaiton

FINANCING SUSTAINABLE TOURISM IN KHYBER PAKHTUNKHWA Message From Mr. Amer Sultan Tareen Secretary Sports, Tourism, Archaeology, Museum, Culture & Youth Affairs Department Pakistan is increasingly being seen as an international tourist destination, with its scenic mountains and rivers, beaches, and green hills. Khyber Pakhtunkhwa is particularly gifted in this area, being the home of the some of the most beautiful tourist areas. Not only is it blessed with natural beauty, but is also has been an important historical region, dating back centuries, and has a vibrant culture that attracts people from all over the globe. Owing to all these factors, KP has always been one of the favourite domestic tourist destinations. It has recently received a greater number of tourists than ever before. The government has also taken up tourism as one its chief priorities and has been focusing on further increasing the number of tourists and tourist destinations within the province. Given this goal, it is also important for us to simultaneously work on improving the tourists' experience in our province, ensuring they have all facilities available, while also protecting the interests of locals of the tourist areas. For this, we need to promote sustainable tourism in KP and Pakistan. This policy note by the FCDO-funded Sustainable Energy & Economic Development (SEED) programme and the Consortium for Development Policy Research (CDPR) is a great and timely initiative in this regard, as it focuses on a new approach to tourism financing that has proved to work well in many other countries. It calls for apportioning the revenues from existing taxes in tourist areas as tourism cess, which will the be earmarked for sustainable tourism develop- ment within these areas only. The challenges of this approach have also been discussed at length, and this is a discussion that must be taken up at all public and private platforms invested in this sector. The note makes other important recom- mendations as well, including the streamlining of the institutional setup of the tourism sector and introducing mechanism to institutionalise the voices of private sector stakeholders and the community. These are all important steps in the right direction, and we hope to work together with all stakeholders in the future to promote sustainable tourism in KP. 05
View entire presentation