The "Master Plan" should become the main tourism development tool in Panama in the next 12 years.
Along with the Tourism Law, the new offices of the institution and the publicity campaign, the preparation and execution of a Master Plan for Tourism was one of the strategic objectives established by the Ruben Blades administration of the Tourism Authority of Panama (ATP).
The document prepared by the Spanish consulting firm which won the contract, Tourism and Leisure, will arrive in Panama one month earlier than expected
The document will be analyzed by the Master Plan Follow-up Committee and presented to the World Tourism Organization, which collaborated in the design of the program.
One of the bases of the plan has been the elaboration of a map identifying 26 tourist destinations in the country, instead of the current 9. 21 programs have designed for these 26 destinations and, in practice, will be applied in 72 projects.
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.
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