Wongsang Worldwide Launches the First African Tourism Investment Marketing Summit

Tourism is recognized to be one of Africa’s greatest but most under-invested assets. The 2013 ATIMS will build on the success of the United Nations World Tourism Summit, which brought investors and ministers together to address the commercialization of tourism opportunities.The 2013 summit, hosted by Wongsang Worldwide and communications group Blur Advertising; will focus on 100 plus investment projects across the Sub-Sahara continent that need immediate investment.  Governments are encourage to register their existing projects with the summit committee that will comprise of hedge fund managers, investment bankers and wealth management consultants with finance partnerships that are capable of increasing tourism’s economic and political significance as a driver for integration and development across Africa.

“The summit will bring together the best resources that the United States, Canada and Caribbean has to offer. I’m very excited about all the great opportunities that ATIMS will bring”, Says Damion Wongsang Jr. Director

This year’s summit will be examining major tourism infrastructure investment and privatization opportunities across Africa. ATMIS will host the first Infrastructure and Tourism Investment Roundtable with the Government of nine different countries which includes, Angola, Botswana, Lesotho, Mozambique, Namibia, South Africa, Swaziland, Zambia and Zimbabwe, who has a combined 51 tourism projects that needs funding.

The Africa investor 2010 Wealth Cheque Report, compiled with research from the World Travel and Tourism Council, estimated that Africa’s tourism market today is worth $49.9bn, but has $203.7bn of untapped potential with an estimated total market size of $253.5bn. Creating an environment to attract the investment necessary to meet the sector’s potential will be at the forefront of these Ministerial discussions.

About The African Tourism Investment Marketing Summit  (ATIMS)

The African Tourism Investment Marketing Summit  is a strategic event that will bring together ministers of tourism and heads of state with investment banks and marketing agencies to better prepare Africa for investment in strategic tourism projects that will lead to sustainable job growth and strategic alliances. The mission of the summit will focus on tourism in Sub-Sahara with project-based objectives. Unlike most summits that start the conversation the (ATIMS) will focus on projects that are Fork ready which means deliverables are obtainable after the summit is over. The concept was dreamed up after the founding director Damion Wongsang a native –Chinese Jamaican was Consulting independent developers in South Africa and Zambia on securing investments for their projects via United States investment banks. http://www.theafricantourismsummit.org