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INVESTMENT OPPORTUNITIES IN THE TOURISM SECTOR. Presented by The Minister of State, Minister of Tourism and Leisure. His Excellency BELLO BOUBA MAIGARI. INTRODUCTION. Cameroon: “Africa in Miniature” Location: Central and West Africa at the Golf of Guinea Geographic coordinates: - PowerPoint PPT Presentation

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CAMEROON A CHALLENGING EXPERIENCE

INVESTMENT OPPORTUNITIESIN THE TOURISM SECTORPresented byThe Minister of State, Minister of Tourism and Leisure

His Excellency BELLO BOUBA MAIGARI

1Cameroon: Africa in Miniature

Location: Central and West Africa at the Golf of Guinea

Geographic coordinates: 6North of the equator, Longitude: 12East of the Greenwich meridian

Surface area:183,568squaremiles (475,440square kilometers)

2INTRODUCTION

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RELIEF

4Climate and vegetation

5Water network

FLORA AND FAUNA6

Ethnic and cultural diversityThere are more than 300 wonderful tourist attractions, 240 ethnic groups offering beautiful attractions, traditional and diverse culture.

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TOURISM POTENTIALSIts numerous and diversify resources offers the best conditions for the development of exotic tourism products:

Seaside Tourism; in kribi, Mouanko, yoyo, Limbe, Ekondo Titi and Bakassi on the Atlantic coast;

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SAFARI TOURISM9

CULTURAL TOURISM Cultural tourism; this brings out the rich ethnic diversity of the country especially in the Western and Northern regions of Cameroon;

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CULTURAL TOURISM 11

ECO-TOURISMEcotourism practiced in national parks like Korup, Dja reserve which is classified as a world heritage site by UNESCO and the Mount Cameroon which has a height of 4070 meters above sea level;

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AGRO TOURISMAgro-tourism which is practiced in the agro industrial regions of Cameroon like the Litoral, West, North west and Southwest regions;

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SPORTS & ADVENTURE TOURISMAdventure tourism: trekking in the mountains, walking in the forests, and sailing by canoes along big rivers;

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BUSINESS TOURISMBusiness tourism and conferences in metropolitan cities like Douala and Yaound.

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SOME TOURISM RESOURCESCameroon has four international airports and a new national airline called Camair co;

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SOME TOURISM RESOURCESCameroon hasA well constructed road network which links all the regional capitals and the major tourists zones;

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SOME TOURISM RESOURCESCameroon hasA railway network which links the South to the North of the country;

Because of its vast unexploited resources, tourism in Cameroon meets up to the expectations of investors and visitors.

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II- Some investment opportunities.

The construction of important tourism complexes along the Atlantic coast, seaside resorts and holiday villages;The construction of hotels in urban areas and tourist zones;The creation of amusement parks;The development of tourism attractions;The organization of charter flights;The setting up of facilities for the organization of cruises on major rivers and along the Atlantic coast;The privatization of state owned hotels.

19III- MEASURES TAKEN TO ENCOURAGE INVESTMENTS

To encourage and develop tourism in Cameroon, the state has put in place a legal framework for the development of tourism: this is the law no. 98/006 of 16th April 1998 relating to tourism activities.The facilitation of procedures to obtain license and authorizations in tourism related activities,Authorization of charter flights from all foreign destinations in case of groups,

20III- MEASURES TAKEN TO ENCOURAGE INVESTMENTS

The opening of a Tourism Information Office in Paris, Washington DC and Beijing;The creation of a National Tourism Council headed by H.E. the Prime Minister, head of government to ensure the implementation of all measures necessary for the development of tourism in Cameroon;Law no 2013/004 of 18 April 2013, defining incentives for private investment in the Republic of Cameroon21DISCOVER CAMEROONCome discover Cameroon

Africa in miniatureThank you for your Kind attention

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