Tourism Infrastructure investments must go beyond assets and empower communities by creating economic opportunities. Bankable tourism investments rely on bankable tourism destinations. Leveraging tourism demand creates a positive environment for investment and a broader pipeline of investable projects
The purpose of this Summit is to bring together government, project owners, investors and financiers to mobilise capital for investment ready projects and accelerate implementation. We started with 8 bankable projects valued at R1 billion and the pipeline has now grown to 15 projects valued at R3,5 billion, 3 projects already secured funding commitments.
“Welcoming more than one million international tourists in August demonstrates the demand that exists for South Africa. Our focus must now be on converting that demand into investment, jobs and economic opportunities. We must give visitors more places to go, more experiences to enjoy and more reasons to stay longer, while ensuring that the benefits of tourism reach more communities across our country,” says Minister de Lille.