MjumbeGovernment Implements Subsidies for Tourist Firms, Invites Foreign CompaniesDecember 4851
Liori Beaches Prove Promising Destination for Foreign TouristsIn continuation of Liore's new emphasis on creating a strong tourism industry as a source of national wealth, the People's Assembly passed today an amendment to the current Five Year Plan to divert more funds to the Tourism Ministry at the expense of the Industry and Natural Resources Ministries, with representatives of these two ministries protesting the choice to redirect funds from their coffers but ultimately endorsing the economic goals of the People's Assembly. With the new funds, the Tourism Ministry has been instructed to use them in subsidizing domestic firms in their construction of
hotels and resorts in Liore's special economic zones, specifically the Nzurchanga SEZ which has been Liore's focal point for tourism industry and tertiary sector, with some commentators labeling it (both as commendation and as scorn) as "Liore's western city." These new funds will also be used to increase ever more Liore's advertisement campaigns in consumer economies.
So far, few noteworthy domestic companies have received the new subsidies, and only two companies that already operate
hotels and resorts in Liore have received government assistance. These two companies are the titans of Liori tourism, Nzurizuri and Savanna Resorts, the former operating primarily lower to middle quality resorts in Nzurchanga for domestic use and the latter being contracted by the government to operate
hotels and resorts in savanna cities such as Jarha (outside of Liore's SEZs). However, the Tourism Ministry is looking to increase Liore's number of luxury beach resorts on the Caltropic coast, and as such has been looking for less established companies to support. The Tourism Ministry has also been in talks with a number of well-established foreign companies, and from these companies has contracted the Endralonian firm
Sárközy Hotels to build multiple
hotels and other services throughout Nzurchanga.
The Tourism Ministry also aims to support Nzurchanga's entertainment industry as another incentive to call tourists to Liore. Already, Nzurchanga is Liore's entertainment and nightlife capital, with numerous privately owned companies thriving within the SEZ. These already established companies have also been marked by the People's Assembly as valid recipients of subsidies from the Tourism Ministry, with many gambling, disco, and other types of entertainment firms already applying for subsidies. Among these though, firms dealing in music have been the most successful in receiving subsidies, as the music industry has been a lucrative one in Liore since its participation in the previous three FOMATs. These firms are primarily those responsible for the operation of Liore's music clubs and bars, an important aspect of Liori nightlife and one of the top sectors in drawing in tourist customers, though other benefactors have included operators of music stadiums and even a select few recording companies.
Advertisement Apart of the Tourism Ministry's Campaign