Quantcast
Destinations Asia

Myanmar gets a $500 million tourism investment boost, funded by Norway

Excerpt from ADB

Jun 05, 2013 7:10 am

Skift Take

Myanmar’s tourism infrastructure leaves a lot to be desired, especially as the gold rush is on, and an organized plan overseen by experienced players is the right step.

— Rafat Ali

The Latest Intelligence on the Travel Industry

Free Report: The Megatrends Defining Travel in 2015

Photo by Rafat Ali

By the dusk in the temple town of Bagan, Myanmar. Photo by Rafat Ali


The Government of Myanmar, along with the Asian Development Bank (ADB) and the Government of Norway, have launched a Tourism Master Plan which outlines 38 development projects valued at nearly a half billion dollars that will help increase Myanmar’s tourism competitiveness, protect environmentally important areas, and safeguard ethnic communities.

The master plan, funded by the Government of Norway, recommends building tourism-related human resources by strengthening the tourism education and training system, and identifies $44.5 million in new opportunities and partnerships aimed at training tourism workers.

International visitor arrivals are forecast to rise as high as 7.5 million in 2020 — a seven-fold increase from current numbers — with corresponding tourism receipts worth $10.1 billion. Under a high growth scenario, the tourism industry could provide up to 1.4 million jobs by 2020.

Myanmar Tourism Master Plan:

Download (PDF, 38KB)

Myanmar Tourism by the numbers:

Download (PDF, 106KB)

Read the Complete Story →

Tags:

Next Up

More on Skift

Daily Travel Startup Watch: GuestHouser, Journie and More
American Airlines President Regrets Not Fighting Harder Over Dallas Love Field
Wildlife Safaris at Risk From Africa’s Growing Poaching Problem
Why Data Breaches in Travel Can’t Be Ignored