31 May 2013 05:50
WINDHOEK, 31 MAY (NAMPA) ? The tourism sector provided close to 23 000 jobs in 2012, compared to 22 000 in 2011, the latest Namibia Tourism Satellite Account (TSA) revealed.
The fourth edition of the TSA, which was launched by Prime Minister Hage Geingob at the opening of the 2013 Namibia Tourism Expo on Wednesday, also found that real growth in employment stabilized at around 1.7 per cent in both 2012 and 2013.
?Total employment in the travel and tourism industry is projected to increase to 123 000 by the end of 2020. Current growth is mainly driven by new capital investments and government spending,? it stated.
The TSA indicated that the industry contributed towards the Gross Domestic Product (GDP) with close to N.dollars 3.8 million in 2012, compared to N.dollars 3.6 million in 2011.
On Government travel and tourism spending, it noted an increment of N.dollars 532 million in 2011, or 4 per cent of total government consumption.
It said for a number of years, government travel and tourism expenditure remained between 3 and 4 per cent of total government consumption. This trend is expected to continue along this line in the foreseeable future.
On travel and tourism capital investments, the survey said such investments contributed only N.dollars 1.7 billion, or 0.3 per cent of total government consumption.
According to the TSA, this real growth of 36 per cent will, however, be diluted to between 4 per cent (forecast period) and 5 per cent (in 2012).
It further cautioned that a lack of real growth in capital investments (low rates observed of late) belies the credence given to the sector as a pillar of growth in the Namibian economy.
It suggested that some measures to be considered as being expansionary policy provision around the visa regime for tourists; reforming some policy around land tenure; quick time approvals of business applications; entering new emerging markets; and diversifying tourism offerings or products to attract more investments.
The TSA, which is based on the United Nations? World Travel Organization (UNWTO) Capacity-Building Programme, reflects output for the year 2011, preliminary and estimated values for 2012 and forecasts for 2013, respectively.