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December 08, 2019

Myanmar on track to receive record 5 m. foreign tourists in 2015

Nestled on palm-lined shores, Ngapali beach with reputation as one of the best beaches in Myanmar is a draw for tourists from around the world, especially Europeans.
Nestled on palm-lined shores, Ngapali beach with reputation as one of the best beaches in Myanmar is a draw for tourists from around the world, especially Europeans.

Myanmar is set to receive 5 million foreign tourists this year, eclipsing last year’s record more than 3 million arrivals, with a master
plan in place to maintain the impressive growth in the sector, according to the Ministry of Hotels and Tourism.
“Twelve projects in the master plan are being undertaken by the ministry in cooperation with development partners,” Daw Khin Than Win, Director of the
Tourism Promotion and International Relations Department, told The Global New Light of Myanmar on Friday.
A project for tourism development in the Bagan region in conjunction with the Japan International Cooperation Agency and another focusing on Mawlamyine and Kyaik-hto region in cooperation with Asian Development Bank are among the ongoing tasks that will run for the next two or three years, the director said.
Myanmar’s Tourism Master Plan (2013-2020), which set targets for 3.01 million arrivals in 2015 and 7.48 million by 2020, was revealed by the ministry in 2013.
The plan, drawn with the assistance of international organizations including the ADB, covers the years 2013 to 2020 and includes six strategic programs, as well as 38 priority projects.
Outlining a path for increasing tourism receipts from a baseline of US $534 million in 2012 to $10.18 billion in 2020, the implementation of the 38 projects in the plan is expected to cost $486.6 million. Of these, 21 projects identified as critical to the plan have a cost of $215.6 million.
The goal of the master plan is to keep the country’s tourism industry growth at an impressive pace, thereby generating more income and employment and delivering widespread economic benefits, the ministry said.
Strengthening the institutional environment, building human resources capacity, developing quality products and services, and improving tourism-related infrastructure are among the six strategic programmes of the master plan.
“We have an ambitious target aiming to meet five million visitors mark this year as the country’s tourism boom is likely to continue at an impressive pace following a record-breaking more than three million arrivals last year,” the director said.
Tourism Ministry data showed the country received more than 3 million tourists last year, up from more than 2 million from a year earlier and earned $1.14 billion, up from $926 million. But, the number of more than 3 million in 2014 represented a small portion of 97.6 million visiting the ASEAN region in the year.
Myanmar’s foreign investment data showed approved amount of FDI in the country’s booming tourism industry reached $357.949 million invested by five firms in the previous fiscal year.  As of 31 March 2015, Myanmar had 1148 licensed hotels with 45,331 rooms across the country. Among them, 59 hotels with 4,904 rooms are in Nay Pyi Taw, 298 hotels with 13,990 rooms are in Yangon and 148 hotels  with 6069 rooms are in Mandalay.
There are 77 hotels in Bagan-NyaungU region and 93 in the Taunggyi/Inlay region, both popular tourist spots among foreign visitors.

Nestled on palm-lined shores, Ngapali beach with reputation as one of the best beaches in Myanmar is a draw for tourists from around the world, especially Europeans.
Nestled on palm-lined shores, Ngapali beach with reputation as one of the best beaches in Myanmar is a draw for tourists from around the world, especially Europeans.

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