Albania drafts new law on tourism to increase revenues

 A draft law on tourism was scrutinized by the Albanian Parliamentary Committee on Monday.

The Draft law "On Tourism" and a package of measures compiled by the Ministry of Economic Development and Tourism aim to transform the country's tourism sector into a more competitive one in the region and more attractive to tourists.

According to it, it is predicted the establishment of local tourism development committees and territorial touristic service units which will coordinate the work on the ground regarding the development and improvement of touristic areas throughout the country.

As for investments in the touristic areas, the new law will provide financial easiness since the government will offer real estate properties for the construction of accommodating touristic buildings for a symbolic tariff of 1 euro per meter for 99 years.

The novelty of this new law, according to its compilers, is the creation of a national system for the classification and standardization of accommodating facilities in touristic areas and the issuance of classification certificates for each subject.

The aim to these changes is the improvement of the tourism sector in Albania and the increase of the number of tourists and investments as well.

According to Albanian Daily News, the Albanian government has predicted that more than 1.3 billion U.S. dollars will come as revenues from tourism sector in 2015.