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Ghana Tourism
Under Ghana's 1985 investment code, tourism is a priority
sector with incentives and benefits for investors. The government
hopes to triple its foreign exchange earnings from tourism under a
five-year tourism plan, based on a projection that between 1991 and
1995, the number of tourists visiting Ghana every year will double
from the 1991 base of 145,000. Jobs in the tourism industry are
projected to reach 270,000, with more created in other sectors that
derive business from the tourist trade. There are also incentives
for star-rated hotels, approved tourist villages and beaches, and
holiday recreational resorts. Investors are involved in the
development of other tourist attractions, such as waterfalls,
beaches, forts, castles, and historical sites, and even in
specialized restaurants, tourist coaches, and buses. Incentives in
this sector include tax and rate exemptions on building properties
for three years in addition to investment and depreciation
allowances.
Data as of November 1994
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