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tourism

African Tourism Industry - The Future

The tourism industry of any country always has a great contribution in running its economy smoothly and efficiently. But the African tourism industry doesn’t have a same successful story. Before 2005, the tourism industry of Africa was abruptly damaged because of some political and managerial issues. After that era, the tourism industry had a little uplift in the graph before people started to explore more and more about the weather and people of Africa. Tourists were also inclined towards the wildlife of Africa. Many television serials/shows were recorded in the planes of Africa.


In 2013, the whole scenario was changed. The Africa was feeling the successful lift in the tourism industry in 2013 and many governmental and private organizations started to take interest in it. That’s the reason why Chief Economist Mthuli Ncube has thrown light on the issues that were associated with the African tourism. The first and the most important issue was the investment for improving the overall infrastructure sectors.

African tourism industry is elevating day by day, so the African soil is playing the role of ‘investible’ asset for the private sectors to invest. Surprisingly, the 49 million tourists arrivals were recorded in the 2010 and the figure was 50 million in 2012. I would like to mention Africa, a kind of un-harvested region with a lot of minerals where you can grow anything because you already have the minerals. All you need to do is to take a step forward and invest in the following list of great investment sites. So, let’s get started with the first one!

Uganda: Uganda is commonly famous due to the Lake Victoria. Lake Victoria is actually comprised of hundreds of bodies of water. These water bodies haven’t yet exploited, so they can be a perfect spot to make some ‘serious’ investments. A luxurious cruise and balloon flights can become perfect investment plans.

Tanzania: Tanzania follows the Uganda in terms of beauty and successful tourism spot. Many attractive national parks are the vital spots for the tourists but most of them aren’t reachable due to bumpy roads and other traveling burdens. Arusha National Park is the best example of such national parks. The increase in the air flights will only make the burden on Dar es Salaam and associated cities. The investment in such sectors will return productive dividends as the prices will skyrocket in shape of limited offers. Investment in hotel operators and tour operators will be the best place to invest in Tanzania.

Angola and Nigeria: Angola has been known best for the agricultural yields for the country. Angola contributes most of the agricultural sector of the Africa and naturally, this region is well suited for the crops. Due to little know-how about the scientific procedures and technical tips needed for the agriculture, Angola hasn’t been producing what it should produce. Same is the case with Nigerian industry. Most of the industrial states of Africa are based in Nigeria. A Little know-how and fewer mechanical power lead to the destruction of the industrial sector. Minerals like gold, zinc, bauxite, coal, iron ore and tin are the common minerals that can be caught just by little investment. Investment in this sector will also be as productive as it is in the Uganda. 

 

NZ South Island Opportunities

New Zealand is full of different resources. New Zealand has some beautiful cities with various types of resources. One of the best cities is South Island. This city is a real attraction for the tourists. In every year, this city receives a lot of tourists from different countries. There are so many sectors which can be developed for the tourists. Geographically this is a perfect place to invest in various sectors. If you are looking for some areas of New Zealand, you should spend in this city. Here I am sharing some of the areas where you can invest without any doubt. You will receive a good ROI for sure.


Tourist Attractions
Tourism sector of South Island is the best way to start investing. There are so many places where every year people come to visit some amazing landscapes. You can invest on the resorts. Some of the resorts are developing newly, and they needed money. You can contact them to know if there is any chance to spend. Most of the resort will give you a particular percentage of the amount of your invested money. Famous tourist attractions of South Island are sightseeing, adventure tourism, such as glacier climbing and Bungee jumping, tramping (hiking), kayaking, and camping. In every section, there is a good chance to invest. In the areas of these tourist attractions, you can invest in the bars, hotels, sports shops, souvenir shops, etc.


Transport
As a tourist city, South Island is also a good place to invest in the transportation. You can spend your money to bring some updated transport system. The South Island has a State Highway network of 4,921 km which is quite large. You could contact the local transport companies if they needed any investment. But if you want to invest for the new transports, you need to get the permit from the authority. For this, you can contact with some legal advisors to know about the rules of transport business.


Real Estate
Real State is another attractive sector for the new investment. There are so many companies in New Zealand. For real estate properties. You can find out some amazing places where you can purchase some land or apartments. You can build resorts for the tourists on your lands. If you are a foreigner and want to invest in the real estate sector, you need to fulfil some requirement at first. If you find the work complex, you can contact the local lawyers to make it easy.


Restaurant Business
The restaurant is always a good business for high ROI. You can invest for the new restaurants in South Island. You can set up a new restaurant in the tourist spots. You can contact with the landowners for setting up a new restaurant. Though there are already some popular restaurants in there, if you can bring some unique items, you can expect a good return on your investment.
 

The Queensland Destination Events Program (QDEP)

About the Queensland Destination Events Program
Events play a key role in fostering regional tourism and economic development. Tourism is an essential industry to many rural and regional centres, ensuring economic stability, and events can be a cost-effective way of promoting a region and its attractions – as an event grows, it attracts tourists in its own right.

The positive economic impact and interest in a community that a successful regional event can provide not only helps to build a sense of local pride but can also foster confidence and strengthen the community as a whole.

The Queensland Destination Events Program (QDEP), formerly the Regional Development Program (RDP), seeks to leverage the crucial link between events and the destinations in which they are staged, extending the flow of the economic, marketing and social benefits of events throughout metropolitan and regional Queensland.

Within this context, the aims and objectives of the QDEP are as follows:

  • Generate local economic activity and development in the host destination
  • Attract external visitation to the destination
  • Drive social and community outcomes for the host destination, noting the important link between community outcomes and economic benefits
  • Enhance the profile and appeal of the host destination


Type of funding available to events
The QDEP offers two funding options for regional events:

 

  • Destination Event funding – single year funding for developing events seeking growth ($10,000 - $25,000 per year)
  • Significant Event funding – single year or up to three years of funding for events that can demonstrate a strong track record of growth or growth potential ($25,000 - $100,000 per year)

How the funding can be used

  • Marketing costs
  • Strategic plan development
  • Engagement of short-term specialised personnel
  • Hire of temporary infrastructure
  • Eligibility criteria
  • To be eligible to apply for funding through the QDEP, an event must meet the following key objectives:

Destination event funding

  • The event must take place wholly within Queensland
  • The applicant must be able to demonstrate the historical size of the event in terms of:
  • Audience
  • Spectator numbers
  • Participant numbers, and/or
  • Media profile
  • The applicant must be able to demonstrate the event's capacity to grow against the baseline
  • Significant event funding

In addition to the criteria for Destination Event funding, events seeking Significant Event funding must meet the following criteria:

The event must have received a minimum of one year of support under the Destination Event program and have met all the requirements as outlined in the contract.

The event must provide a recent report showing evidence of the total number of event attendees (including participants and spectators), specifically detailing the breakdown and number of visitors from outside the region; this information must be independently gathered and reported, or independently verified. 

The event must present a strong opportunity for Queensland and demonstrate extensive recognition outside the region in which it is held in terms of visitation and/or media profile
For more information on eligibility, funding uses, funding conditions, and the application process please click the following link: QDEP Funding Guidelines.

Name *
Name
Number of participants/support staff coming from interstate and overseas
This is a Tourism Grant. You need to be able to prove that people will come to the region for the event in the grant. Need data on numbers, time staying and projected amount spent.