Pakistan tourism sector attracts huge investment worth millions of dollars from United States
ISLAMABAD -Pakistan tourism sector attracts huge investment worth millions of dollars from United States.
A group of US-based investors is currently visiting Pakistan to explore potential investment opportunities in different sectors.
The group called upon Federal Minister for Kashmir Affairs and Gilgit-Baltistan Ali Amin Gandapur today. During the meeting, they announced that they intend to invest $100 million in the tourism sector of Pakistan.
Pakistan is blessed with scenic landscapes complemented by four kinds of weather, enough to attract a large number of tourists. However, lack of infrastructure and world-class facilities in and around tourist destinations impedes Pakistan’s growth in the tourism sector.
The investment will help build infrastructure, establish high-class tourism centers in Gilgit-Baltistan and other parts of the country.
The incumbent government has undertaken several initiatives to boost tourism in the country. In this regard, the government introduced an E-visa policy link for 175 countries and visa on arrival policy for 50 more. The condition on foreign tourists to obtain a no-objection certificate (NOC) before visiting a tourist destination has been removed as well.
Besides, Pakistan has received plenty of endorsement from foreign travel enthusiasts encouraging more and more people to visit Pakistan. Portugal declared Pakistan a safe tourist destination link for its citizens. Forbes included Pakistan in its “10 coolest places to go in 2019 link” list.