Tourism spurs job opportunities
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Myanmar's tourism growth last year led to increasing job opportunities, said Vice-President Nyan Tun said at the meeting of Central Committee for Development of National Tourism Industry.
Tourism helps on poverty reduction and spawns economic development of varous regions, he said.
He furthered that Myanmar Tourism Master Plan 2013-2020 will be implemented with 38 projects with the estimated cost of more than US$486 million. Under the plan, tourist arrivals are expected to reach 3.1 million in 2015 and over 7 million in 2020. Revenue from tourism industry was US$534 million in 2012, expecting to reach US$ 10.18 billion in 2020.
Last year, Myanmar welcomed 2.04 million visitors and earned$926 million in tourism revenue, according to Directorate Hotels and Tourism, Ministry of Hotels and Tourism. In 2012, tourism revenue was slightly above $500 million.
The number of tourist arrivals last year rose by 93 per cent from the previous year.
Tourism-related employment yields nearly 300,000 jobs, continuing to rise to the estimated 1.49 million jobs.
