Brazil / Natal - Injection Of Funds To Improve Infrastructure Unlocks North East
08/06/07
Thanks to the initial phase of PRODETUR, the Brazilian government’s ‘Action Programme for the Integrated Development of Tourism’, Brazil and its tourism industry have benefited from an injection of more than $670m into infrastructure improvements. This investment has resulted in the creation of 8 airports, construction and improvement of 1020km of highways, recovery of 732,000 sqm of historic heritage sites, environmental preservation of 70,426 hectares and the creation of 149 government bodies to manage these and other tourism activities.
With ancient landmarks, perfect weather and a host of “must-sees”, Egypt already has a head start for tourist numbers – but a new tourism drive is set to increase visitors and boost the property market.
In the first quarter of 2007 air arrivals of non-resident foreigners to the Dominican Republic totaled 1,161,583 tourists, which is 4% (44,624) increase on passenger numbers compared to the same quarter last year.
It may be less known than the European property hotspots, but Cape Verde should make overseas buyers pause for thought, the closest tropical location to the UK is becoming more popular by the day.
Property in Malaysia could be given a major boost following the government’s decision to abolish real property gains tax.
The Real Estate and Housing Developers’ Association Malaysia claims the tax change will further improve the country’s property sector - which has been sluggish over the past few years.
Sun Express, a subsidiary of a partnership between Lufthansa and Turkish Airlines, has just announced the schedule for the new service between Stansted and Ercan, Northern Cyprus.
Work is expected to start next year on a tunnel to link Spain and Morocco which will consist of a railway link between the two countries beneath the Strait of Gibraltar.....
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