The Ministry of Tourism (MITUR) through the Salvadoran Tourism Corporation (CORSATUR) and the Export and Investment Promotion Agency of El Salvador (PROESA), inaugurated this morning the Third Forum on Tourism Investment, El Salvador 2015, which had as main purpose to make an exposition of the investment opportunities in the tourism sector of El Salvador.
The Tourism Minister, José Napoleon Duarte, emphasized the importance of promoting tourism in El Salvador through the creation of spaces for the exchange of international experiences on tourism investment.
"Tourism is a major boost for the national economy, for that reason we must create opportunities to identify, advice and promote tourism investment projects, so that they can get established” The Minister of Tourism emphasized that in the last 10 years, tourism investment has been of over 84 million dollars, in 32 tourism projects.
The President of PROESA, Mr. Sigfrido Reyes, said: "From PROESA, we are betting on a further reactivation of investment opportunities in the tourism sector, as this is one of the strategic sectors for the economy of El Salvador,"
With this forum, the Government of El Salvador promotes awareness of the advantages of investing in the country´s tourism sector and encourages the implementation of new tourism projects or expansions in the field.
Meanwhile, CORSATUR, through the INVERTURES program, is boosting private investment projects that represent opportunities to create jobs and increase the supply of products and services in the country.
The forum was attended by experts in tourism: Manuel Miroglio, international speaker specialized in sustainable tourism and ecotourism; Bruno Omori, President of the Hotel Association of Sao Paulo, Brazil; Jose Luis Cervantes, representative of Mia Beach Water Park in Cozumel, Mexico; and Claudia Dubon, manager of Investment Climate of Fomilenio II.
Both, national and international exhibitors provided key tools for entrepreneurs on investments in tourism. In addition, national investors were benefited from individual counseling spaces, in order to exchange experiences with international business guests.
El Salvador has great advantages and opportunities for investment in tourism; this statement is confirmed by recent data reported in the first half of 2015: the number of international visitor arrivals represented over 900, 000, this is a 5.8% increase compared to 2014. The nation has an air traffic hub with over 470 arrivals and departures weekly, direct flights to major cities in the United States, South America, Central America and flights to Europe. We also have significant tax incentives and a dollarized economy.
During 2014, the tourism sector generated 48.415 direct jobs, equivalent to 7.2% of total national employment, and hotel occupancy averaged 61.26% in the last four months for the Greater San Salvador Area.
For more information about the support offered by MITUR and CORSATUR pleasevisit the websites: www.mitur.gob.sv and www.corsatur.gob.sv.