Also from GAN

Burundi's tourism ready for investment
Fri, 06 Mar 2009 16:17
By TradeInvestAfricaStaff


Tucked away in the highlands of east central Africa, Burundi offers a promising venue for investment. The government is currently registering demands of investors willing to develop hotels and other attractions.  

Burundi is undergoing economic transformation following the end of protracted wars, and is now a member of the East African Community. The government is working towards public sector reforms and creating an attractive environment for private investments. 

Product offer: Burundi has temperate climate and attractive landscapes. The coutnry's finest attractions are its people and their culture.

Investment opportunities

There is ample opportunity for development and opportunities exist as follows:

Leisure
• Hotel renovation and upgrades
• Conference facilities for business and official use
• Tour operations
• New leisure resorts and lodges

Infrastructure
• Roads, electricity, water supply, airport, lakeside port and berthing facilities. Developing the infrastructure is crucial and will support growth in the tourism sector.

Sector overview

The tourism sector, though relatively underdeveloped has experienced significant and sustained growth in international tourist arrivals in recent years. A World Travel & Tourism Council report in 2007 forecasted the country was expected to generate $113.2 million of economic activity(total demand) growing to US$187.1 million by 2017, and to account directly and indirectly for 3.1% of total employment – equivalent to 52,000 jobs. The main markets of visitors, apart from the business and official visitors, are for adventure and eco-tourism. The capital Bunjumbura has traditionally had strong wholesale and retail sectors on account of its position as a regional trading hub.

 



Print this page
Send this article to a friend