Madagascar tourism : foreign investment on the rise #MyMadagascar #MahajangaMaVille
Madagascar tourism : foreign investment on the rise, 2394,5 billion ariary of revenue in 2016
The latest statistics released by l’Economic Development Board of Madagascar (EDBM) are very reassuring. They do State of a significant increase of foreign investment in the tourism sector in Madagascar to the title of the year 2016.
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Thus, 47% of 17 tourism companies registered at the level of this structure were held by foreigners. And since the beginning of this year to date, 43% of 7 registered tourist companies are foreign-owned. This trend is confirmed by implementing significant tourism investment, with other projects, a joint-venture between Andilana and Filatex, who built a new hotel in Antananarivo and the opening this year of MIAVANA, an Antsiranana luxury ecolodge.
To support this very promising take-off of the tourism sector and draw investors maximum, a promotion plan was adopted by the EDBM, and actions to implement in collaboration with the PIC2 project of the World Bank. On the other hand, This organization currently produces a new database on concessions of tourist sites for the creation of hotels and different services related to tourism. Finally, along with the identification and preparation of sites, an update and clarification are underway concerning the rules governing land concessions for tourism projects.
The tourism sector is growing. En 2016, Madagascar was an increase of 20% the number of tourists, recorded with a number of 293.185 tourists, against 244.321 tourists in 2015. A report of the Ministry, the arrival of these tourists brought to the Malagasy economy of revenues of 748,29 million USD, is near 2 394,5 billion Ariary. To forecast, This growth will continue for the following years. Indeed, This performance is favored by the campaign of promotion of the Madagascar destination, which is today more known under the label "the treasure island".. In this framework, the Ministry of tourism target especially opinion leaders to publicize the tourist riches of the big island. The roadshows, partnerships, as well as various sporting and cultural events are held in various countries of the world, to promote "the treasure island"..
