Tourism in Azerbaijan will probably be stimulated by further mechanisms – 2024-05-24 03:20:34

by times news cr

2024-05-24 03:20:34

Additions to the mechanisms for exciting funding within the tourism business of Azerbaijan are within the technique of being developed.

As Day.Az reported on Thursday with regards to Pattern, Deputy Chairman of the State Tourism Company of Azerbaijan Azada Huseynova mentioned this throughout a press convention devoted to the lodging of overseas friends and the presentation of tourism alternatives in the course of the COP29 interval.

“The truth is, the promotion of funding in tourism is already supplied for by present laws, and corresponding measures are being applied by the State Tourism Company. At present, we have now a number of incentive mechanisms on this space. Additions to those mechanisms are additionally within the technique of being developed,” she mentioned.

It must be famous that in Azerbaijan in January-April 2024, investments in mounted belongings amounted to five.23 billion manat, which is 11.8 p.c greater than the corresponding interval in 2023. The share of tourism is 0.7 p.c (about 36.61 million manat).

Allow us to recall that in 2023, investments in mounted capital amounted to twenty.296 billion manats, which is 9.8 p.c greater than in 2022.

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