The union of private companies is preparing a plan for promoting tourism development in San Juan del Sur and Tola, where more than $130 million has already been invested.
The area of San Juan del Sur and Tola, Rivas, has all the characteristics needed to become a tourist destination, but basic infrastructure in the area needs to be improved along with conditions to attract more foreign investment.
In light of the announcement of a campaign to promote tourism in Nicaragua "through embassies and consulates," entrepreneurs are recommending the utilization of professional methods.
Tourism entrepreneurs believe that the "Pride of my country" campaign is insufficient to achieve the impact required to Nicaragua as an important tourist destination in the region.
Investments include an airfield in Tola, residences in Sardina beach and modernization work in the ports of San Jorge and San Juan del Sur.
Investments totaling $43 million, are distributed with $20 million for the residential project in beach Sardina, $12 million for the airport in Costa Esmeralda, $8 million to modernize the port San Jorge and San Juan, with the remaining funds being used in other related works.
With the IDB loan approved by the Assembly, improvements will be made in docks and piers, jetties and construction of bike paths in tourist areas along the coastal strip.
From a statement issued by the Legislative Assembly of El Salvador:
The National Assembly passed with 56 votes, a contract signed between the Salvadoran government and the Inter-American Development Bank (IDB), in the amount of $25 million, which will go towards the fund for the "Tourism Development Program of the Coastal - Marina Strip".
The plan proposed by the Ministry of Tourism includes amending tourism land use, improving the promotion of the sector and implementing training programs for companies.
EDITORIAL NOTE: The text of the Plan is not available online.
As reported in an article on Laprensagrafica.com, implementation of the plan will begin in the town of San Lorenzo, and it is expected that the remainder of the year specific programs will be designed for Suchitoto, Izalco, Panchimalco, Perquín and San Vicente. This plan includes the participation of municipal authorities, the private sector and government.
Summary of laws that encourage tourism investment in Panama, and procedures to follow to get the related tax benefits.
From the website of the Tourism Authority of Panama:
Laws on Incentives for Tourism Investment
In recent years, Panama has seen a boom in the tourism sector; coupled with the development of economic policies which promote investment across the country.
Between January and September, 965,369 tourists arrived in the country, 7.1% more than in the same period in 2013.
From a statement issued by the investment promotion agency of Nicaragua:
Nicaragua, with a steadily growing tourism industry, received 965,369 visitors up to September this year, which is giving rise to new hotel investments, said the executive president of the Nicaraguan Tourism Institute, Intur, Mayra Salinas, yesterday after stating that "on October 21 we will probably pass the one million tourists figure. "
So far this year $82 million has been invested in tourism projects outside of Panama City, but the business sector has indicated there are obstacles to further development.
Law 80 of 2012, which provides tax incentives for tourism investment outside of Panama City has produced results, say entrepreneurs, but government support is still needed to remove some obstacles that prevent the development of tourism outside the capital from being even greater.
A promotion exercise is being carried out of the "Best Service" certification in the region in order to improve service and positioning of SMEs in tourism.
In order to improve the service and prestige of small and medium tourism enterprises in the region, the Federation of Tourism Chambers of Central America (FEDECATUR) is promoting the "Best Service" certification.
The resort in the Caribbean of Honduras in which $98 million has been invested will open in early 2014.
The project is located in the Bay of Tela and has a golf course, a five-star hotel, spa and other areas . "The important thing is the impact it will have on the community, as more than 400 people will work on the project, most of the area, and I think the resort will bring great benefits to this region," said Camilo Atala, president of Indura .
A plan is underway to boost medical hydrology in the north of the country, taking advantage of the tourist infrastructure and natural conditions in the area.
Entrepreneurs from San Carlos, in the northern part of the country, plan to form partnerships "with the medical community and businesses in order to build medical centers and train professionals in the health industry, said Lorena Herrera, businesswoman and team president", reported Elfinancierocr.com.
The funds will mainly be applied to infrastructure construction projects in the Gaza coastal marine area and loans for tourism SME's.
The Inter-American Development Bank has provided a loan of $25 million for a program of tourism development in the coastal marine strip.
This was announced by Minister of Tourism, Jose Napoleon Duarte, adding that once the Inter-American Development Bank (IDB) has approved the loan "we move on to the country's internal processes" for ratification by Congress.
The 2013 edition of Expotur is to receive 180 representatives from international companies at the Hotel Wyndham San Jose Herradura on the 9th and 10th of May.
A statement from the Costa Rican Association of Tourism Professionals (ACOPROT) reads:
Country's Main Tourism Exchange Market Prepares its XXIX Edition
- From 9th to 11th the 29th edition of Expotur will be held at the Convention Center at the Hotel Wyndham San Jose Herradura.
The largest and wildest of the Panamanian provinces holds promise for the development of ecotourism and attracting investor interest.
Well known as a jungle barrier which makes the border between Panama and Colombia virtually impassable, Darien is a protected area and a national park that was globally recognized as a World Heritage site in 1981.
UNESCO declared the park a Biosphere Reserve for Humanity and in 1983, it was named in the reserve category of biodiversity due to its extraordinary biodiversity and genetic value and because it is home to indigenous tribes that still live there and practice their ancestral customs.
Guatemala's hotel sector is concerned about lack of inclusion of the tourism category within the country’s investment promotion policies.
The first version of the National Competitiveness Agenda excludes the tourism sector, confirmed Jaime Day, director of the National Competitiveness Program, who said it would be added in the new version of the agenda.