Investment Opportunity Presentation - DOC by ukt32685

VIEWS: 34 PAGES: 7

Investment Opportunity Presentation document sample

More Info
									              3rd Meeting of Asia Cooperation Dialogue-Tourism Business Forum




                   REPORT OF THE 3rd MEETING OF
                   ASIA COOPERATION DIALOGUE
                     TOURISM BUSINESS FORUM
                          (3RD ACD-TBF)

                      24-25 April 2006, Siem Reap, Kingdom of Cambodia


I) INTRODUCTION

1. The 3rd Meeting of ACD-TBF was organized by the Ministry of Tourism of
Cambodia from 24-25 April 2006 in Siem Reap, Cambodia. At the Meeting, the
Roadmap of ACD Tourism cooperation towards the year 2015 was proposed for
discussion.

2. The Meeting was chaired by H.E Dr. Thong Khon, Secretary of State, Ministry of
Tourism of the Kingdom of Cambodia and co-chaired by Mr. Manmohan Sadana,
Deputy Director General, Department of Tourism, Government of India.

3. The Meeting was attended by the National Tourism Organizations (NTOs),
international organizations and tourism related businesses from 21 member countries,
namely Brunei Darussalam, Cambodia, India, Indonesia, Islamic Republic of Iran,
Japan, Lao PDR, Malaysia, Myanmar, Pakistan, People’s Republic of China,
Philippines, Qatar, Republic of Korea, Russia, Singapore, Sri Lanka, Socialist
Republic of Vietnam, The People’s Republic of Bangladesh, Thailand, and the United
Arab Emirates.

A list of the delegates appears as Annex A.

II) OPENING ADDRESS BY H.E. DR. THONG KHON, SECRETARY OF
STATE, MINISTRY OF TOURISM OF THE KINGDOM OF CAMBODIA

4. H.E. Dr. Thong Khon, Secretary of State, Ministry of Tourism, Kingdom of
Cambodia, officially inaugurated the Third Meeting of the Asia Cooperation
Dialogue-Tourism Business Forum. In his opening remarks, he highlighted the
significance and need for tourism cooperation in ACD member countries. He also
encouraged member countries to acquire greater private sector partnership for tourism
investment. He expressed his confidence that the implementation of ACD tourism
cooperation would be successful within ACD member countries.

5. The delivered remarks appear as Annex B.




                  24-25 April 2006, Siem Reap, Kingdom of Cambodia                 1
               3rd Meeting of Asia Cooperation Dialogue-Tourism Business Forum




III) PROGRESS REPORT OF THE ACD RESULTS OF THE ACD
MINISTERIAL MEETING IN ISLAMABAD, PAKISTAN BY H.E. MR.
VITAVAS SRIVIHOK, AMBASSADOR ATTACHED TO THE MINISTRY,
MINISTRY OF FOREIGN AFFAIRS, THAILAND

6. H.E. Mr. Vitavas Srivihok, Ambassador Attached to the Ministry, Ministry of
Foreign Affairs, Thailand) briefed the Meeting on the outcomes of the ACD
Ministerial Meeting held on 5-6 April 2005 in Islamabad, Pakistan. He emphasized on
the objective of the ACD framework: it is the first Asian forum to deal with the issue
of integration in the broadest sense. One of the most potential cooperation areas is
energy, followed by financial cooperation, especially the further development of the
Asian Bond Market Initiative. For more information on the projects and the ACD,
please visit www.acddialogue.com.

7. The progress report of the ACD results of the ACD ministerial meeting in
Islamabad appears as Annex C.

IV) HIGHLIGHTS OF RELATED CHIANG MAI INITIATIVE OF THE 2ND
MEETING OF ACD TOURISM BUSINESS FORUM

8. The representative of Thailand (Office of Tourism Development, Ministry of
Tourism) briefed the Meeting on related outcomes of the 2nd Meeting of ACD
Tourism Business Forum in Chiang Mai, Thailand. The highlights of the Meeting
cover the follow-up of the four major ACD-TBF Joint Actions, which include intra-
regional promotion initiatives, safety and security, human resources development and
SMEs. It also addresses two new cooperation areas which are energy saving and
conservation in tourist accommodations and tourism investment in ACD countries.

9. The highlights of related Chiang Mai Initiative appear as Annex D.

V) FOLLOW UP ON THE 2ND ACD-TBF JOINT ACTIONS

1. TOURISM INVESTMENT COOPERATION IN THE ACD COUNTRIES

VI) PRESENTATION ON INVESTMENT OPPORTUNITY IN ASIAN
COUNTRIES BY DR. H. VARMA, CHIEF OF TECHNICAL COOPERATION,
UNWTO

10. Dr. Harsh Varma, Chief of Technical Cooperation, United Nations World
Tourism Organization (UNWTO), made the presentation on Investment Opportunity
in Asian Countries. He also noted that the main FDI in tourism characteristic product
would remain on accommodation. The key interests of investors were mentioned:
political stability, policy stability, profit margins and return on capital employed, aids
and incentives among others. He concluded that FDI in tourism is promising when it
comes to tourism investment in the ACD region, provided that member countries
create healthy and conducive climate, and provide the right system/procedures, and
supports to potential investors.

11. The paper on Investment Opportunity in Asian Countries appears as Annex E.


                   24-25 April 2006, Siem Reap, Kingdom of Cambodia                     2
              3rd Meeting of Asia Cooperation Dialogue-Tourism Business Forum




VII) PRESENTATION ON INVESTMENT OPPORTUNITY IN CAMBODIA
BY H.E MR. KOUSOUM SAROEUTH, DIRECTOR GENERAL, MINISTRY
OF TOURISM AND MR. SOUN SOPHAL, DEPUTY DIRECTOR, COUNCIL
FOR THE DEVELOPMENT OF CAMBODIA

12. Representatives of the Ministry of Tourism of Cambodia and the Council for
Development of Cambodia made the presentation on Investment Opportunity in
Cambodia. They emphasized that the foreign investment rate in Cambodia is on a rise,
tourism occupied the second rank of investment (30%) after the industry sector
(46%).

13. The representative from Indonesia shared his view on promotion of investment
potential in the ACD. It could be done through prominent international exhibitions
and fairs. Moreover, the mechanism as well as the secretariat of ACD-TBF should be
worked out to materialize the operational framework.

14. The presentation on possible tourism investment cooperation appears as Annex F.

2. INTRA REGIONAL PROMOTION INITIATIVES

15. The representative of Cambodia pointed out that the ACD region should drive
towards the mechanism of the ACD. The practices of ASEAN framework could be
applied to the ACD as well such as a website, ACD cooperation mechanism/ACD-x
formula, the establishment of task force, FAM trips, Caravan tours, public and private
cooperation, and travel fairs.

16. Indonesia is of the view that in order to carry out effective promotion through
website and brochure, member countries should first determine the content as well as
ways and means for information gathering and publication. The brochures can be
distributed through ACD countries’ networks of travel agents and tour operators.

17. The representative of India noted that the implementation of the website would
face some difficulties since member countries meet only once a year. The ACD
secretariat and task force should be in place first to move the ACD cooperation
forward.

18. The establishment of ACD Task Force could encounter some constraints due to
lack of funding and consolidated mechanism body. The representative of Cooperative
Research Center, Australia (CRC) suggested that member countries should consider
types of the secretariat: full or part time and how to classify member countries. The
idea of seed contribution could be applied to establish a modest secretariat to
coordinate the task forces (the explanatory note of a model for a permanent secretariat
is attached).

19. The representative of Brunei commented that the crucial point is to define the
prioritized scope of work, agreed by member countries to ensure cooperation is
workable.




                   24-25 April 2006, Siem Reap, Kingdom of Cambodia                  3
              3rd Meeting of Asia Cooperation Dialogue-Tourism Business Forum


20. The representative of The People’s Republic of Bangladesh expressed that
regional and sub-regional co-operation could help governments and the tourism
industry in addressing many problems more effectively by sharing information,
facilities, experience, and expertise.

21. The representative of the Republic of Korea pointed out that more attention is to
be paid on the various roles of tour companies in promoting new destinations.

22. The Chairman raised the important point for the regional promotion to the
Meeting that member countries should organize the Asia Regional Travel Fair and
together with the representative of Socialist Republic of Vietnam, it was proposed to
facilitate the promotion of air linkage and cross border movement by road and sea.

3. SAFETY AND SECURITY

23. The representative of The People’s Republic of Bangladesh pointed out that the
Safety and Security Committee should be established to coordinate with the plans to
tackle the issue.

24. The representative of Cambodia suggested that member countries could consider
setting up the focal point to communicate the emergency matters regarding crisis
information in the region.

25. The representative of Singapore shared that the 10 ASEAN countries had
established the ASEAN Crisis Communications Team on Tourism (ACCT). The
objective of the ACCT is to minimize the impact of any crisis that may affect one or
more member countries and that can potentially have a negative impact on ASEAN
through managing the communications of the crisis to the international audience and
instilling confidence in ASEAN as a destination among international visitors. ASEAN
has developed a manual as part of the effort to enable member countries to prepare
themselves for a crisis. To further efforts and better prepare ASEAN will be
conducting a simulation exercise and China, Japan and Korea have been invited to
participate in May 2006.

4. DEVELOPMENT OF SMALL AND MEDIUM-SIZED TOURISM
   ENTERPRISES (SMEs)

VIII) PRESENTATION ON PRIVATE SECTOR COOPERATION IN SMEs
TOURISM ENTERPRISE BY DR. TREVOR SOFIELD, MINISTRY OF
TOURISM , CAMBODIA

26. Dr. Trevor Sofield, Ministry of Tourism, made the presentation on Private Sector
Cooperation in SMEs Tourism Enterprise. The SMEs in tourism includes goods and
services for food, tours, transport, shopping and accommodation. Each area of SMEs
requires various approaches from both private and public sectors. For instance, the
stakeholders in each SMEs sector should be well trained to ensure that they could
deliver satisfactory services to visitors. The public and private sectors work
cooperatively to develop SMEs in a sustainable context. The government should
emphasize on sustainable development of tourism.



                  24-25 April 2006, Siem Reap, Kingdom of Cambodia                 4
              3rd Meeting of Asia Cooperation Dialogue-Tourism Business Forum


27. The presentation on private sector cooperation in tourism appears as Annex G.

IX) PRESENTATION ON DEVELOPMENT OF SMALL AND MEDIUM-
SIZED TOURISM ENTERPRISES IN THAILAND BY MRS. THANITTA
MANEECHOTE, DIRECTOR GENERAL, OFFICE OF TOURISM
DEVELOPMENT, MINISTRY OF TOURISM AND SPORTS, THAILAND

28. The representative of Thailand presented the initiatives of the Thai government in
promoting SMEs in tourism. It covers OTOP (One Tambon-(District) One Product)
Tourism Village. One of the ways to achieve the set target of having 20 million
tourists in 2008 and the income of 700,000 Million Baht (17,940 million USD) is to
alternate Thailand’s several tourism developments in order to generate income to
local communities, increase tourism potential of place, products, services, villagers,
and channels of distribution. The implementation of OTOP was carried out inline with
7 frameworks of planning and management, presentation and concept development,
place, people (Human Resources Development), products and services, promotion,
and post-launch management. In this relation, communities had been encouraged to
participate in the implementation phase of each framework.

29. The representative of UNWTO expressed that SMEs is the significant sector in
tourism. It is an ancillary of big enterprises. In most ACD countries SMEs belong to
unrecognized sector, they lack capital, consequently, they lack quality. The
significance of SMEs could not be undermined; SMEs could play more significant
role in terms of offering value added products. The ACD countries need policies and
frameworks to develop SMEs in a sustainable manner. To this, the issue of SMEs
could be explored in the ACD Roadmap. The representative of Brunei also expressed
the role of large enterprises in mentoring and developing SMEs for the mutual benefit
of the partnership.

30. The representative of Indonesia noted that ACD countries should work
collectively to mobilize international expertise and resources to build the capacity of
Small and Medium Tourism Enterprises (SMTE). Consequently, the governments
should therefore play a pivotal role in assisting and supporting the provision of funds
of these purposes.

31. The presentation on development of Small and Medium-Sized Tourism Enterprises in
Thailand appears as Annex H.

5. HUMAN RESOURCES DEVELOPMENT

X) PRESENTATION ON HUMAN RESOURCES DEVELOPMENT IN
TOURISM BY MR. TREVOR SOFIELD, MINISTRY OF TOURISM,
CAMBODIA

32. He mentioned the core areas of HRD of tourism as a system generating region or
source market (the demand side) transit sector and transport modes, the destination
(front line) operations sector (the supply side), support services sector, government
(public) sector, bio-physical environment, and community, and a massive investment
in Human Resources.



                   24-25 April 2006, Siem Reap, Kingdom of Cambodia                  5
               3rd Meeting of Asia Cooperation Dialogue-Tourism Business Forum


33. The representative of Brunei suggested that the ACD framework incorporate
tapping into existing resource already available in ACD vocational training
institutions.

34. The representative of the Republic of Korea introduced its grant aid project of
Language Training programmes in some ASEAN countries as part of Human
Resources Development and capacity building of developing countries in tourism
sector.

6. SUSTAINABLE TOURISM

XI) PRESENTATION ON SUSTAINABLE TOURISM BY SNV CAMBODIA

35. Ms. Anne – Maria Makela, SNV attached to Ministry of Tourism of Cambodia
made the presentation on Sustainable Tourism. The highlights of the presentation
included main characteristics of sustainable tourism of 3 Ps: people, planet, and profit,
challenges in developing sustainable tourism and the role of the government,
especially in drafting policies to support sustainability in the fields of the 3 Ps.

36. The representative of the Republic of Korea introduced the ST-EP Foundation and
its interim projects/programmes and requested more attention of ACD member
countries on the Foundation for the development of sustainable tourism.

37. The representative of the Philippines stated that it is necessary to develop eco-
tourism and this can be achieved through close cooperation among public, private and
stakeholders in a sustainable manner.

38. The presentation on sustainable tourism appears as Annex I.

XII) PRESENTATION ON A DRAFTED ROADMAP OF ACD
COOPERATION TOWARDS THE YEAR 2015 BY REPRESENTATIVE OF
OFFICE OF TOURISM DEVELOPMENT, MINISTRY OF TOURISM AND
SPORTS OF THAILAND

39. The representative of Thailand briefed the Meeting on six issues and possible
areas of cooperation, namely Investment Opportunity, Tourism for Poverty
Alleviation, Safe/Secured Destination, SMEs, Human Resources Development, and
Sustainability. The objective of the Roadmap is to achieve substantial poverty
reduction and the sustainable development for biodiversity and other natural
resources, in line with the 2015 Millennium Development Goals (MDGs).The
Roadmap will be divided into 4 phases; (a) 2006/2007 (b) 2007/2008 (c) 2010 and (d)
2015.

40. The Meeting expressed its appreciation to Thailand for its efforts in drafting the
Road Map of ACD Tourism Cooperation and proposed that member countries could
focus on priority areas where joint efforts are not only desirable but also possible and
can produce concrete results within the agreed time frames. The Meeting agreed that
the Roadmap is an evolving document. Thailand welcomes comments and
suggestions from member countries on the Roadmap. In this connection, member
countries agreed to re-consider the Roadmap in consultation with concerned agencies


                   24-25 April 2006, Siem Reap, Kingdom of Cambodia                    6
               3rd Meeting of Asia Cooperation Dialogue-Tourism Business Forum


in their respective countries and to submit any additional suggestions to Thailand
within 15 days so as to be able to report the outcomes of the 3rd ACD-TBF to the 5th
ACD Ministerial Meeting to be held in Doha, Qatar between 23-24 May 2006.
The Meeting expressed the hope that the Roadmap will indicate areas of priority to be
further developed at the 4th ACD-TBF to be hosted in India in 2007. In the absence of
a response from a member country within the stipulated time then it will be assumed
that the country has no comments and accept the minutes of this Meeting.

41. The representative of UNWTO requested to consider Investment Opportunity,
Poverty Alleviation, Safety and Security and SMEs as priority projects and to
nominate lead countries for each subject as a way forward for implementation.

42. The paper and PowerPoint presentation of the Roadmap appear as Annex J.

XII) DATE AND VENUE FOR THE NEXT ACD-TBF

43. The Meeting agreed that the 4th ACD-TBF will be convened in India in 2007.

44. The representative of Brunei offered to host the 5th ACD-TBF Meeting in 2008.

XIII) CONSIDERATION AND ADOPTION OF THE REPORT

45. The Meeting considered and adopted the Report of the Third Meeting of Asia
Cooperation Dialogue-Tourism Business Forum held on 24-25 April 2006 in Siem
Reap, Kingdom of Cambodia.

XIV) ACKNOWLEDGEMENT

46. The Delegates expressed their sincere appreciation to the Government and people
of the Kingdom of Cambodia for the warm hospitality accorded to them and the
excellent arrangements made for the Meeting.

The Meeting was held in the traditional spirit of cordiality and solidarity.



               ----------------------------------------------------




                   24-25 April 2006, Siem Reap, Kingdom of Cambodia                 7

								
To top