Dr. Charles Metelka - University of Wisconsin-Stout
Dr. Charles Metelka - University of Wisconsin-Stout
Dr. Charles Metelka - University of Wisconsin-Stout
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
• Federal & Provincial Governments to bring all legislation in consonance with<br />
demands <strong>of</strong> the tourist industry.<br />
• Stimulate private sector involvement in tourism through provision <strong>of</strong> industry<br />
support constructs.<br />
Goals and Targets<br />
• To increase foreign visitors arrivals from 0.42 million in year 2000 to 6.5%<br />
annually over the next five years.<br />
• To increase foreign exchange earnings from US$ 385 million in year 2000 to US$<br />
500 million over the next three years.<br />
Incentives<br />
• Tourism Projects to be allowed the status <strong>of</strong> industry.<br />
• 50% income tax exemption is allowed to tour operators who bring in at least 500<br />
inbound tourists in the form <strong>of</strong> group tours in a calendar year.<br />
• Number <strong>of</strong> taxes covering the Hospitality Sector will be restricted to a maximum<br />
<strong>of</strong> six or seven taxes at the federal and provincial levels.<br />
• On the recommendations <strong>of</strong> the Ministry <strong>of</strong>Tourism, land for hotels, motels,<br />
recreation parks, fun lands, athletic clubs, cultural centers etc., to be provided on<br />
non-commercial rates and on long lease basis by the development authorities at<br />
the Federal and Provincial levels. (Pakistan Tourism policy, 2001)<br />
In line with this policy and the new tourism policy announced by the<br />
Federal Minister <strong>of</strong> Culture and Tourism reflecting the thinking <strong>of</strong> President<br />
17