Tourism Development Project (WB-P164211)

  • Ghana
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jul 13, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Ministry of Tourism, Arts and Culture
The holder of the loan, grant, or other investment.
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 40.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 40.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Sep 3, 2018

Disclosed by Bank Mar 8, 2018

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Project Description

The development objective of Tourism Development Project is to improve the performance of tourism in targeted destinations in Ghana. This project has four components. 1) The first component, Strengthening the tourism enabling environment, aims to address the following constraints most likely to have transformative impact on the tourism sector in Ghana: training and skills development of the industry, aviation and entry visa policy, and branding and marketing. 2) The second component, Developing tourism sites and destinations, seeks to diversify the leisure tourism offering in Ghana by identifying and upgrading the most promising destination areas. 3) The third component, Tourism enterprise support program, aims to finance the costs of tourism enterprise matching grants and business development services training. Qualified enterprises will be invited to submit proposals that will be evaluated for viability. 4) The fourth component, Project management and institutional strengthening, aims to provide support to Ministry of Tourism, Arts and Culture (MoTAC) to manage and coordinate the project. 

Investment Description
  • World Bank (WB)
Contact Information
Ministry of Tourism, Arts and Culture
Divine Owusu-Ansah
Senior Tourism Offier


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