Impact of global tourism and hospitality on environment

Essay by Sajib89 November 2014

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Tourism industry is one of the immerging sectors in recent world business. It has a huge potential. Many countries economy is depend on this tourism sector. We believe we can exploit this opportunity by investing its various components. Here mainly we want to invest in hotel industry because we believe this is the most important components of this sector where we can achieve our objective. We have a previous experience in this sector and we believe if we can invest the right location then our investment will be fruitful. We want to build a three star standard hotel in Cox's bazaar and franchise or joint venture it in other potential location like Cent Martins

Bangladesh: A New Horizon for Investment

Bangladesh is now trying to establish itself as the next rising star in South Asia for foreign investment. The government has implemented a number of policy reforms designed to create a more open and competitive climate for private investment, both foreign and local.

Its current development strategy is based on the premise that the creation and distribution of wealth occurs through the acceleration of growth driven by competitive market forces, with the government facilitating growth and making a clean break from the practices of a controlled economy where private investment is constrained. Significant progress has been achieved in reducing non-tariff restrictions on trade, rationalizing tariff rates and improving export incentives. The introduction of VAT has helped rationalization of the import tariff and domestic tax structures. The tariff structure and the import policy are kept under constant review to identify areas where further improvements are called for. With growing international interest in traveling through Asia tourism is taking roots in Bangladesh. Bangladesh offers variety ofhistorically significant and culturally unique sites for tourists. Sylhet's tea gardens, Cox'sBazar sea-beach, the Royal Bengal Tiger,