Central America request support for microtourism

Central America has asked international credit organizations and related entities for a loan of one billion dollars to facilitate the development of micro businesses in the tourism sector.

Thursday, October 16, 2008

The proposal was made at the First Central American Forum on Financing for the Tourism Sector that was inaugurated yesterday in Honduras.
The region is currently one of those areas with the greatest potential for tourism growth on the global scale, hence the support of the projects by micro businesses has been set as the main pillar for consolidating the isthmus as a competitive destination, said Ricardo Martinez, Honduran Minister of Tourism.

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The funds will be used to finance agriculture, the environment, housing construction and for the municipalities in the country.

The loan, grated by the Central America Bank for Economic Integration (BCIE), was approved from the beginning of this year by Western Bank in order to facilitate the development of the sectors, indicated company president, Jorge Bueso.

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