Wednesday, June 19, 2024
Tourism industry expects to earn $ 4 billion over the next 4 years: PTDC MD

Tourism industry expects to earn $ 4 billion over the next 4 years: PTDC MD

HP News Desk

Pakistan Tourism Department Corporation (ptdc md) Managing Director Aftab ur Rehman Rana said on Tuesday that the Pakistani tourism industry, currently valued at $ 2.5 billion, will grow to $ 4 billion over the next four years.

Tourism was not just about attractive destinations and recreational activities, it had emerged as one of the fundamental pillars of economic development and had one of the highest potential for job creation in any sector of the country, he said (ptdc md). The government has made every effort to promote tourism and create more employment opportunities for young people in Pakistan, he said, adding that the tourism industry has currently created more than 300,000 jobs, which will be further increased to 500,000.

“The promotion of tourism will not only create economic activity in local areas, it will also have a positive effect on the national economy,” he said, adding that the contribution of the tourism industry to Pakistan’s GDP was 5%, which would be more 7%.

 

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