MCA Compact - Benefits to Tourism

Posted to the web 9 October 2008 Christof Maletsky ONCE Parliament has ratified the Millennium Challenge Account agreement with the US government, Namibia's tourism sector stands to gain from a grant totalling US$67 million. Here is how that money will be divided: * Etosha National Park (US$40,5 million) - To improve management capacity of Etosha, promote private-sector investment in tourism at Etosha, and increase revenue of benefiting rural communal conservancies. A study will be conducted on tourism carrying capacity, as well as support for potential tourism investments in and around Etosha and other national parks in the North. MCC funds will also build staff housing and roads and purchase equipment for game translocation. Promotion of tourism (US$8,3 million) -To develop and promote local and regional tourism packages... [read full story]