Tourism under CPEC in Northern Areas
TOURISM industry has contributed $7.6 trillion to the global economy, which is 10.2% of the global GDP. It generated 292 million jobs some years back.
Tourism in Northern Areas is increasing annually. Over 50 millions domestic tourists are forecast by PTDC.
It manifests a lot of potential in the industry. According to WTTC, the tourism industry contributed 5.9% to national GDP creating 3.9 million jobs in 2019.
If the tourism industry develops to the level of China, its contribution rate to GDP will increase by 5.1% to 11%, and additional 2.37 million jobs will be created.
CPEC has proven itself the Asian Giant. Along with other benefits, it will usher in a new era of tourism.
In the past, Pakistan did not attract too many international tourist arrivals. CPEC has changed the scenario.
Pakistan received a 37 % increase in tourism visa applications due to CPEC in previous years.
Northern Areas are unmatchable in beauty. Kashmir is known as…