Launch Of First African Tourism Summit

26 Mar 2013

Leading digital brand management agency and communications group, Wongsang Worldwide announced today the launch of the African Tourism Investment Marketing Summit (ATIMS), a strategic event for bankable Tourism projects in Sub-Sahara Africa. The summit will be compiled of strategic Tourism Opportunities available for investments in Sub-Sahara Africa.

Various countries in Sub-Sahara Africa, Marketing agencies, investment banks and hedge fund leaders will have many opportunities to present their credentials to Heads of state, Minister of Tourism, ambassadors, country trade Representatives on why sub-Sahara Africa is important for investments in the tourism Sector. Each country will present a symposium on business, Trade and investment opportunities in their Countries and strategic projects with bankable deliverables.

 Tourism is recognized to be one of Africa’s greatest but most under-invested assets. The 2013 ATIMS will build on the success of the United Nations World Tourism Summit, which brought investors and ministers together to address the commercialization of tourism opportunities.

The 2013 summit hosted by Wongsang Worldwide and communications group Blur Advertising; will focus on 100 plus investment projects across the Sub-Sahara continent that need immediate investment.  Governments are encourage to register their existing projects with the summit committee that will comprise of hedge fund managers, investment bankers and wealth management consultants with finance partnerships that are capable of increasing tourism’s economic and political significance as a driver for integration and development across Africa.

“The summit will bring together the best resources that the United States, Canada and Caribbean have to offer. I’m very excited about all the great opportunities that ATIMS will bring”, Says Damion Wongsang Jr. Director

 This year’s summit will be examining major tourism infrastructure investment and privatization opportunities across Africa. ATMIS will host the first Infrastructure and Tourism Investment Roundtable with the Government of nine different countries which includes, Angola, Botswana, Lesotho, Mozambique, Namibia, South Africa, Swaziland, Zambia and Zimbabwe, who has a combined 51 tourism projects that needs funding.

The Africa investor 2010 Wealth Cheque Report, compiled with research from the World Travel and Tourism Council, estimated that Africa’s tourism market today is worth $49.9bn, but has $203.7bn of untapped potential with an estimated total market size of $253.5bn. Creating an environment to attract the investment necessary to meet the sector’s potential will be at the forefront of these Ministerial discussions.

Source: http://www.africanews.com/site/Launch_of_first_African_Tourism_Summit/list_messages/43039