Home / Tourism / Over GH¢39m collected under Tourism Development Levy – Agyeman

Over GH¢39m collected under Tourism Development Levy – Agyeman

Share this with more people!

The Ghana Tourism Authority (GTA) has collected over GH¢39 million under the Tourism Development Levy within the past six years, Mr Akwasi Agyeman, the Acting Chief Executive Officer of the GTA, has disclosed.

He said the Authority had invested about GH¢18 million of the amount into an investment product, while a loan which was contracted for construction of certain projects had been paid.
Mr Agyeman made this known at the Meet-the-Press Series of the Ministry of Tourism, Culture and Creative Arts in Accra.

He said the collection of the levy started in 2012 with the GTA collecting GH¢185, 647.00, it collected GH¢3, 024, 211.00 in 2013 and a total of GH¢5, 180,328.00 was collected in 2014.

In 2015, the Authority collected GH¢8, 762,349.00, in 2016 a total of GH¢10, 545,633.00 was collected and in 2017, GH¢11, 675,900.00 was collected.

The CEO of the GTA said the levy supported four cardinal areas, including marketing, promotion, tourism investment and capacity building within the tourism industry.

He said the Kintampo Waterfall renovation works, the Artic Re-development Project, the Highway Project at Gomoa-Assin in the Central Region were all funded under the Tourism Development Fund.
Madam Catherine Ablema Afeku, the Sector Minister, in an earlier address, said the Ministry had received $50 million grant from the World Bank.

She said the funds would be used in strengthening institutions under the Ministry and women empowerment as well as building capacity of the youth, especially in macro and small-scale enterprises, in order to create jobs and wealth.

Madam Afeku said the grant would also support the implementation of the Centre of the World Project in Tema, which would be undertaken in collaboration with the Ghana Development Tourism Company, the Ghana Ports and Harbours Authority and the Tema Golf Club.

Source: GNA

Share this with more people!

Check Also

Akufo-Addo to inaugurate Sunyani Airport – Minister

Barring all odds, President Nana Addo Dankwa Akufo-Addo would inaugurate the Sunyani Airport for domestic …