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New subsidies at the gates for tourism

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New subsidies at the gates for tourism

Adamos Adamou

It is now a matter of time before the announcement of the four sponsorship plans of the Ministry of Tourism that have been included in the Recovery and Sustainability Plan (SAA) of Cyprus with the aim of enriching and upgrading the country's tourism product.

Speaking before the Parliamentary Energy Committee last Tuesday, Deputy Minister of Tourism Savvas Perdios said that the four plans will be officially announced in a few weeks from today, reiterating that they emphasize like other actions of the ministry in upgrading the countryside and the hinterland.


Tourism also requires investment in addition to tourism High expectations for winter tourism

The total budget of the four projects amounts to 31 million euros until 2026, of which approximately 4 million will relate to 2022. Specifically, the four projects of the state ministry that have joined the SAA and are expected to be announced in the near future are following:

Sponsorship plan for revitalization of rural, mountainous and remote areas through the creation of authentic experiences for the enrichment of the tourist product. The cost of the project, based on the budget of the state ministry submitted to Parliament, amounts to 5 million euros, of which € 1.59 million will be allocated in 2022, € 1.56 million in 2023 and € 1.76 million in 2024 Plan for the creation of medical facilities and autonomous assisted living facilities in tourist accommodation / hotels, with the aim of attracting medical tourism and health and wellness tourism. The total budget amounts to eight million of which € 0.42 million will be allocated in 2022, € 2.5 million in 2023 and € 1.65 million in 2024. Plan to upgrade tourist accommodation / hotels in rural, mountainous and remote areas , to modernize and improve the competitiveness of the tourism product. The total cost for the implementation of the plan is estimated at € 10 million by 2026, of which € 0.15 million will be spent in 2022, 2.45 million euros in 2023 and 2.48 million euros in 2024. Plan to upgrade traditional restaurants or sales traditional products provided that they are included in the “Taste of Cypru” pact. The total cost will amount to € 8 million of which € 2 million will be spent in the new year.

Source: www.philenews.com

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