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Vietnam Travel » Vietnam Travel News » Travel News in » VND550bil to be pumped into tourism infrastructure

VND550bil to be pumped into tourism infrastructure ,

This year the State will allocate VND550bil for developing tourism infrastructure, announced Head of the Vietnam National Administration of Tourism (VNAT) Vo Thi Thang. According to Ms Thang, the funding will help call for more foreign and local investment into the area. The VNAT will disburse the money for four national key tourist zones and 17 specialised tourist areas across the country to improve their tourism infrastructure facilities. VNAT will also use the capital to promote tourism in the central and Central Highlands regions and to serve major events to be organised at major tourism centres. Ms Thang said the VNAT will coordinate with localities to organise conferences calling for foreign investment, including Quang Ninh and Ha Tay, Hanoi, the central provinces of Thua Thien - Hue, Quang Nam, Khanh Hoa, and Da Nang city, and the southern province of Kien Giang. Last year the State pumped VND500bil into the tourism sector's infrastructure facilities, 70% of which was channelled to national tourist sites and places of tourism potential with the aim to facilitate trans-national tours, and tours throughout Asia and on the East-West corridor. In 2004, VNAT also attracted US$110mil of foreign investment for projects to build infrastructure facilities, and Eur11.8mil in official development assistance (ODA) for training human resources in the tourism sector.
VND550bil to be pumped into tourism infrastructure
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