How can tourism improve the economy of Pakistan?

In 2017, the WTTC (World Travel and Tourism Council) mentioned that Pakistan’s tourism revenue was 19.4 billion US dollars and made up 6.9\% of the GDP. The WTTC expects that amount to rise to 36.1 billion dollars by 2030. In 2016, tourism contributed 6.0\% to total employment and in 2017 it increased to 6.3\%.

How does tourism boost the economy?

What are the impacts of tourism? The advantages of tourism go beyond creating billions of dollars and hundreds of millions of jobs and business opportunities. A booming tourism industry helps to build infrastructure such as roads, parks, hospitals, schools and community areas.

What is the economic impact of tourism in Pakistan?

1. Tourism can stimulate GDP growth of the country. Travel and tourism currently contribute 7.4 \% to the GDP of Pakistan. 2. Tourism increases international trade and commerce. 3. In terms of foreign direct investment, tourism and hospitality are the second fastest growing industries.

How can tourism stimulate GDP growth of the country?

1 Tourism can stimulate GDP growth of the country. Travel and tourism currently contribute 7.4 \% to the GDP of Pakistan. 2 Tourism increases international trade and commerce. 3 In terms of foreign direct investment, tourism and hospitality are the second fastest growing industries.

Will Pakistan be Asia’s Best Kept Secret in global tourism market?

The present government has already vowed in its election campaign that it would promote Pakistan as “Asia’s Best Kept Secret” in global tourism market. The government is confident that tourism would be contributing Rs.1 trillion to Pakistan economy by 2025.

What is Punjab’s tourism for Economic Growth Project?

Under the Punjab Tourism for Economic Growth Project, the provincial government will spend $50 million for harmonising tourism in line with international standards. Pakistan has six UNESCO World Heritage sites that can be utilised to attract tourists.