Special Tourism Cabinet created in Guatemala

In order to foster policies and strategies to take advantage of the technical and economic resources in the country, the Special Tourism Cabinet was formed.

Monday, September 22, 2008

The "no chimney" industry, as tourism is called, is third biggest income earner in Guatemala after exports and remittances.
The objective of the Special Tourism Cabinet is to coordinate policy activities for the benefit of the social and economic development, in addition to fostering policies that promote tourism development.



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Tax incentives foster tourism development in Panama

August 2008

Law #8 promotes tourism activities in the country by offering tax relief on imports, real estate and capital investments, to name a few.

A report by the Panama Tourism Institute (IPAT) reveals that 12 investment projects totaling $92.5 million have been approved.
This will be the last year in which capital investment projects can benefit from Law 8, a measure designed to foster investment in the country's interior, Carl-Fredrik Nordström, Assistant Manager of IPAT, pointed out.

Panamanian Tourist Offensive Begins

January 2012

The government has launched an aggressive plan to promote investments in two areas of most interest to tourism: the former U.S. base in Sherman, in the Caribbean, and Amador, on the banks of the Canal on the Pacific side.

Authorities in Panama have set in motion an ambitious plan to attract investment in two areas of most interest to tourism: the old Sherman U.S.

Tourist Destination Clusters in El Salvador

April 2012

As part of the proposal for Fomilenio II, the government has announced several projects for creating a nucleus of attractions in various parts of the coastal zone.

Among the plans for the development program FOMILENIO II using funds from the U.S., the National Institute of Tourism is promoting the creation of tourist development as part of a strategy that aims to increase tourist visits and create more jobs for the sector.

Panama: Modernized Tourism Plan Urged

February 2015

In order to achieve maximum growth potential and position themselves as a major destination in the region, it is imperative to update the Master Plan for Tourism, developed in 2007.

In the view of tourism enterprises, some of the factors that need to be strengthened are related to the creation of a plan to boost tourism products, work with indigenous regions to boost tourism in these areas, update sector priorities and above all to create the concept of clusters, "... conglomerates which form a more integrated tourist circuit."

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