TOURISM SECTOR

I. Macroeconomic Framework

The tourism industry of the country is on a solid growth trend which is already considered significant and strategic in respect to the socioeconomic development of the Cape Verdean society.

The Government is highly committed to transform Cabo Verde into a tourism destination of top international standards. To fulfill that goal it is foreseen the implementation of a set of programs specifically tailored to enhance all the ancillary services, namely health care, safety, transport, communications, banking, hotel businesses and restoration services.

1.1 Share of GDP
Farbe

The following table illustrates the share of tourism in the gross domestic product (GDP) between 1989 and 2000; meanwhile recall that 1998 figures are estimates and 1999 and 2000 are forecasts:

Units:

YR
1992
1994
1996
1997
1998
1999
2000
GDP
3,04
7,18
5,00
5,00
5,60
5,99
6,40
As % of GDP
1,5
2,20
2,20
3,25
3,4
3,55
3,86

Source: INE, Governance: 1998 Report and the NDP (mid term evaluation, June 1999)

1.2 Balance of Payment

The performance of the sector over the years reveals a credit balance. Thus the sector is regarded as one way to limit or reduce the national debt.

1.3 Employment

According to the 1997 census on entrepreneurial activities taken by the National Institute of Statistics, the industry employed 8,769 people distributed as follows: Hotels and related establishments, 1,067; restaurants and pubs, 6,814; nightclubs, 776; and travel agencies, 112.

II. Supply

2.1 Accommodations

From 1995 to the first quarter of 1999 the number of accommodations raised from 64 to about 87. The overall accommodation capacity has doubled over said period to top 3,590 beds corresponding to 1,971 rooms.

In respect to the number and distribution of rooms the following picture emerges: Sal supplies 44.5% of the total; Santiago 23.1%; S. Vicente 13.4% and Boa Vista 7.3%. The remainder 12% is scattered over the other islands (Source: The department of Tourism of Promex).

2.2 Distribution according to the Municipalities

The following table illustrates the distribution of accommodations according to municipality.

Municipality
Units
Municipality
Units
BOAVISTA
06
S. NICOLAU
09
BRAVA
03
S. VICENTE
13
S.FILIPE
04
SAL
15
MOSTEIROS
03
PRAIA
14
MAIO
03
S. CATARINA
02
P. NOVO
02
TARRAFAL
07
Rª.GRANDE
03
ST. CRUZ
01
PAÚL
01
S. DOMINGOS
00

The next table provides additional information on the different accommodation establishments in the archipelago.

Table 1: Accommodation units according to Municipality (Number of rooms and beds)

ISLAND
HOTEL/PENSION
ROOMS
BEDS
PHONE
FAX/P:O:BOX
Santo Antão
1
Residencial Aliança
15
21
211246
Post Office
2
Residencial Marcos
6
6
211216
Post Office
3
Residencial 5 de Julho
14
19
211345
4
Pensao Bibi
5
5
211149
5
Pesidencial Vale de Paúl
6
10
231319
231319
6
Residencial Saburá
9
12
221305/922579
7
Residencial Antilhas
8
13
221193
221758
8
Pousada Municipal
9
12
221150
9
Residencial Girasol
3
3
221383
221891
Total
75
101
São Vicente
1
Aparthotel Avenida
16
37
323435
322333
2
Hotel Foya Branca
42
64
324369
316373
3
Hotel Porto Grande
50
86
323190
323193
4
MindelHotel
70
140
318881
318887
5
Pensao Atlântida
8
11
313918
6
Pensao Casa Velha
8
8
7
Pensao Chave D'Ouro
15
25
311050
311050
8
Pensao Chez Loutcha
24
32
321636
321635
9
Pensao Semedo e Brito
10
17
312674
C.P 413
10
Residencial Amarante
18
23
313219
11
Residencial Maravilha
8
13
322203
322217
12
Residencial Novo Horizonte
10
12
313556
13
Residencial Sodade
23
30
313556
314019
Total
302
498
Sao Nicolau
1
Pensao Cruz
13
13
351228
C.P 36
2
Pensao Jardim
8
9
351117
351117
3
Pensao Jumbo
6
12
351315
4
Pousada Mana Guimara
6
12
351900
6
Pensao Alice
4
7
361187
C.P. 12
7
Pensao Tocely
5
9
361220
361313
8
Residencial Natur
7
7
361178
361175
9
Residencial Velhos Amigos
6
6
361183
361496
Total
55
75
Sal
1
Djadsal Holiday Club
200
460
421170
421070
2
Hotel Aeroflot
50
88
421300
421302
3
Hotel Atântico
54
99
411058
411522
4
Hotel Belorizonte
175
346
421080/090/045
421210
5
Hotel Novorizonte
130
260
421558
421574
6
Hotel Central
26
52
421503
421530
7
Hotel Morabeza
114
163
421111
421005
8
Hotel Odjo d'Água
18
52
421414/1400
421430
9
Aparthotel Santa Maria Beach
16
29
421450
411522
10
Pousada da Luz
35
72
421338
421088
11
Pousada Paz e Bem
10
20
411782
411790
12
Residencial Alternativa
9
18
421216
421165
13
Residencial Nha Terra
15
24
421109
14
Residencial Central
17
34
411113
412581
15
Casa d'Ângela
19
39
411327
Total
888
1.756
Boavista
1
Estoril Beach Resort Hotel
22
44
511078
511046
2
Dunas Hotel Resort
18
36
511225
511384
3
Resort Hotel Marine Club
34
114
511285
511370
4
Pousada Boa Vista
21
36
511145
511423
5
Residencial Bom Sossego
8
12
511155
C.P.31
6
Residencial Boa Esperança
11
16
511170
511225
Total
114
258
Santiago
1
Aldeamento Turístico Baía Verde
46
78
661128
661414
2
Hotel Tarrafal
24
39
661785
661787
3
Hotel Marazul
9
12
661289
661289
4
Pensao Bar Rest. Mille Nuits
12
12
661463
661878
5
Pensao Restaurante Tátá
6
11
661125
661241
6
Pensao Solmarina
5
5
661219
7
Casa de Amizade
12
24
731009
691499
8
Pensao Asa Branca
17
26
651195
651196
9
Hotel Marisol
18
30
613460
612535
10
Hotel Praia Mar
59
112
613777
612972
11
Hotel Trópico
51
102
614200
615225
12
Hotel América
19
20
621526
621432
13
Hotel Felicidade
18
32
615585
611289
14
Hotel Luar
28
39
616019
616038
15
Aparthotel Holanda
10
21
612293
623710
16
Pensao Eurolines
14
21
616655
616660
17
Pensao Paraíso
16
24
613539
18
Residencial Anjos
15
21
614337
615701
19
Residencial Adega
16
30
20
Residencial Praia Maria
15
27
618580
618554
21
Residencial Solatlântico
12
30
612872
612872
22
Residecial Rosymar
6
11
616345
Total
428
727
Maio
1
Hotel Marilú
12
24
551198
551347
2
Residencial Bom Sossego
14
25
551365
551365
3
Hotel Bela Vista
Total
26
49
Fogo
1
Hotel Xaguate
18
34
811222
811203
2
Pousada Belavista
3
4
811734
C.P 50
3
Pensao Fátima
6
10
811359
811359
4
Pensao Las Vegas
12
20
811281
811281
5
Ecotur
4
6
812255
812255
6
Pensao Rest. Cristina
7
13
831045
831045
7
Pensao Rest. Tchôn di Café
5
9
831610
831036
Total
55
96
Brava
1
Pensao Paulo Sena
17
17
851312
851129
2
Pousada Municipal
8
10
851697
851314
3
Club Faja d'Água
3
3
851321
851129
Total
28
30
TOTAL CV
86
1.971
3.590

 

 

2.1.2. Services

According to a survey, hotels and related establishments are serviced as follows:

  1. Hot water. 36% of the establishments are equipped with tapped hot water. However, not every hotel-related establishment is so equipped. Tapped hot water is available in all the rooms of hotel units.
  • Conference room. A service available in 16% of the establishments. Principally hotels offer it. Meanwhile, some boarding houses are also equipped with meeting-halls.
  • Swimming pool. Available in 16% of the establishments. In just a handful of hotels.
  • Air-conditioning. A service offered by 21% of the units. Meanwhile, an ever-increasing number of establishments in the business are being equipped with central heating.
  • Pubs. Available in 45% of the establishments. This is a kind of service offered by most of the establishments in the business.
  • Tennis court. Offered in just 10% of the establishments. Only hotels are so equipped.
  • TV. Only 28% of the establishments are equipped with color TV. This is becoming a widespread service on offer.
  • Sitting room equipped with color TV is available in 25% of the establishments. It is becoming increasingly common in units other than hotels.
  • Windsurfing. A few hotels, primarily in Sal and Boa Vista offer this water sport. It represents 5% of the bulk of services rendered.
  • Restaurant. Available in 45% of the establishments. On the rise.
  • Nightclubs. Available in hotels only. It represents 4% of the bulk of services.
  • Shops. In hotels only; they represent 15% of the bulk of services.
  • No ancillary services. This is typical of residential units and boarding houses. 15% of the bulk of services.
  • Frigo-bar in private rooms. This service is on the rise and is offered by units other than hotels. It represents 25% of the bulk of services.
  • Hairdressing. Offered in a few hotels. 4% of the bulk of services.
  • Games room. Offered by hotels only. 13% of the bulk of services.

    2.1.3. Occupancy Rates

    The mean national occupancy rate is close to 80%. For Santiago, such annual rate is close to 70%; Sal it is around 75%-80%; S. Vicente it is approximately 50% and for the remaining islands said rates do not exceed 35%. The recent opening of new international air routes by the domestic airline, TACV, has favored a significant rise of the national rate of occupancy.

    2.1.4. Accommodation Rates

    Rates vary from 1,200 ECV to 8,900 ECV per day for a single bedroom; 1,600-10,200 ECV for a double bedroom; and from 3,500 ECV to 16,500 for 1-3 persons suit or triple bedroom. The above rates include full breakfast (ranging from 240 ECV to 1,800 ECV) and represent the mean for the dull, average and high seasons. Rates charged during the high season have gone up slightly.

    2.1.5. Ownership

    The Atlantic Hotel is the only such establishment owned by the State. Ongoing specific studies will draft its transformation into a School-minded Hotel establishment. This is a long standing idea people want to see shaped into a project. Said studies have the technical support of consultant’s services firms based in Macao and the Canary Islands. It is expected that the Ministry of Tourism, Transport and Sea will furnish the project’s financial arrangements to the European Community for backing before the end of 1999.

    Foreign investment is playing an important and decisive role in respect to the acquisition of existing hotel establishments as well as the implementation of new projects, thus contributing to raise hotel standards and supply of accommodation units. Thanks to a set of incentives for investment – such as fiscal and customs duties – on offer coupled with the efforts deployed by Promex in respect to the attraction of foreign investment, European investors are demanding Cabo Verde as an investment destination to build their accommodation units and develop ancillary services.

    2.1.6 Availability of Land.

    Tourism Development Areas.

    Tourism development areas (owned by) in the municipalities are available for the development of investment projects in the sector of tourism. Allocation of land fits into one of the following category:

    The municipalities of Brava, Paúl and S. Domingos do not own urban land. In the municipalities of Praia and S. Vicente, the sales of building plots located in tourism development areas are subject to the terms and conditions set forth under their respective rules and regulations as approved by the competent authority (Municipal Assembly) and published in the official gazette. With regards the municipality of Praia, refer to the addendum to the Official Gazette numbered (Suplemento B.O. nº.).24/92, (Addendum to the official gazette numbered 24/92); and in respect to the municipality of S. Vicente, B.O. numbered 1/93, Series II. The publication of the latter regulations was prompted by instructions provided by the Municipal Assembly and includes a price- list of building plots (sales and long term lease). As concerns the municipality of Praia, said price-list was published in an Addendum to the B.O. Numbered 12/92, Series II and reports to sales only.

    In respect to the tourism development area of Santa Maria in the island of Sal, a Tourism-tailored Management Plan was drafted, with technical support provided by CABOCAN, a firm from the Canary Islands. Said firm is charged with the implementation of infrastructure projects in said site, such as the development of a small network of roads, supply of drinking water and establishment of a power grid as well as residual water treatment.

    Rates vary according to distance from the shore. The minimum is 3,000 ECV per square meter of plot located nearest to the shore.

    2.1.7 Construction Costs (Hotels)

    Cost estimates are normally based on the number of rooms the unit will have. The following table illustrates the average construction costs of two top hotel standards of three different sizes.

    Unit: US dollars

  •  
    80 rooms
    100 rooms
    120 rooms
    4-star hotel
    56,000
    53,000
    50,000
    3-star hotel
    50,000
    48,000
    45,000

    Such estimates might be slightly higher in Sal on account of lack of qualified workers and slightly lower in the case of S. Vicente due to a relatively high abundance of construction material such as sand and cracked stone.

    2.2 Restaurants, Pubs, Nightclubs and Travel Agencies

    2.2.1Restaurants, Pubs and Nightclubs

    Around 3,352 establishments are equipped with a bar and restaurant. Most of them are in Santiago, S. Vicente and Sal. Of the above total 40.7% are family size owned pubs; 37% of them are pubs equipped with restaurant services; and 22% are restaurants. There are 29 nightclubs scattered around the country.

    2.2.2 Travel Agencies

    Eighteen (28) travel agencies serve the tourism market. Its number is growing steadily. A list of the most important ones follows:

    Santiago

    100, Av. Amilcar Cabral C.P. 470

    Praia

    Tel: 615746/47

    Fax: 614500

    Rua Guerra Mendes, 4

    Praia

    Tel: 615551/1737

    Fax: 615553

    Av. Cidade Lisboa, C. P. 901

    Fazenda

    Tel: 617837

    Fax: 617839

    Rua Serpa Pinto nº40 1ºandar C. P. 58 B

    Praia

    Tel: 613869/3940

    Fax: 613879

    Rua Roberto Duarte Silva

    C. P. 161

    Praia

    Tel: 615737/5736

    Fax: 613888

    Rua 5 de Julho nº 84

    C. P. 51

    Praia

    Tel: 611240

    Fax: 611253

    Av. Amilcar Cabral C. P. 27

    Plateau - Praia

    Tel: 615473/74

    Fax: 615475

    Av. Cidade de Lisboa

    2º Esq. Fazenda

    Tel: 614643

    Fax:614644

    Rua Vila Franca de Xira C.P nº 2

    Santa Catarina

    Tel: 651201

    Fax: 651413

    Achada Santo António, C.P. 202/A

    Tel: 616392/70/39

    Fax: 616339

    Rua Cândido Reis - Plateau

    Praia

    Tel: 618016

    Fax: 618017

    Assomada

    Tel: 652740

    Fax: 652741

     

    Sal

    Aeroporto Amilcar Cabral

    Espargos

    Tel: 411524

    Fax: 411523

    Rua 1º de Junho nº 10

    Santa Maria, C.P.84

    Tel: 421260

    Fax: 421224

    Aeroporto

    Tel: 411545

    Fax:411098

    Aeroporto

    Tel: 411524

    Fax: 411523

    Pretória

    Tel: 411054/411435

    Fax:411934

    Rua 5 de Julho C.P. 147

    Espargos

    Tel: 411580

    Fax:411590

    3, R/C Estrada do Morro Cural - Zona Centro

    Espargos

    Tel: 411641

    Fax:

    Espargos

    Tel: 411580

    Fax:411590

     

    S. Vicente

    Rua Senador Vera Cruz nº 57 C. P. 421

    Tel: 313847

    Fax: 313842

    C. P. 373

    Mindelo

    Tel: 311323

    Fax: 317211

    Loja nº 3 Hotel Posrto Grande

    Tel: 322844

    Fax: 322846

    Av. António Aurélio Gonçalves

    Tel: 321785

    Fax: 322617

    Rua Cristiano Sena Barcelos, 719,

    Tel: 314366

     

    Fogo

    Nº 93 C.P. 20

    S. Filipe

    Tel: 812255

    Fax:812255

     

    Boa Vista

    Largo de Santa Isabel

    Sal Rei

    Tel/Fax: 511445

    S. Nicolau

    Vila do Tarrafal

    C.P. 12

    Tel: 361183

    Fax: 361496

    Vila Ribeira Brava

    Tel: 351006

    Fax: 351006

     

    S. Antão

    C.P 33 Ponta do Sol

    Tel/Fax: 211213

    Ribeira Grande

    Tel: 211213

     

    2.2.3 Tour Operators

    Established in March 1996, Morabitur – Travelling and Tourism – is the first domestic tour operator to enter business. This tour operator, its "Utilidade Turística" (tourism utility status) granted, is ready to handle the domestic tourism market. It sells two tour packages: One is designed to cover the specificities of each and every island; and the other is to address the needs of national citizens on holidays or business trips abroad, the end goal being to help them travel the world over at fair rates.

    This tour operator has moved its main office from the capital city of Praia to Espargos in Sal Island as of the first quarter of 1999.

    2.3 Average rate of meals per island

    S. Antão: 620 ECV; S. Vicente: 750 ECV; S. Nicolau: 550 ECV; Sal: 950 ECV; Boa Vista: 650 ECV; Santiago: 750 ECV; Fogo: 600 ECV; Brava: 450 ECV; and Maio: 600 ECV.

    III. Demand

    3.1 Entries

    In 1998 a total of about 52,000 tourists entered the country. Of that figure 31% were Portuguese, 31% Italians, 12.4% Germans and 11% French.

     

     

    Table 3:?Main tourism markets. Influx from issuing markets.

    Country
    1990
    1991
    1992
    1993
    1994
    1995
    1996
    1997
    1998
    Portugal
    6.805
    7.668
    8.042
    10.706
    11.000
    8.932
    11.911
    13.762
    16.120
    France
    2.242
    2.391
    2.198
    4.012
    3.992
    3.360
    4.256
    4.762
    5.720
    Germany
    1.649
    1.380
    1.236
    1.110
    2.384
    3.005
    4.231
    5.560
    6.448
    Holland
    2.088
    1.143
    -
    -
    -
    -
    -
    -
    -
    Italy
    878
    600
    755
    893
    1.046
    -
    10.710
    13.750
    16.120
    Other
    8.033
    5.827
    6.643
    9.733
    12.386
    12.450
    5.892
    7.166
    7.592
    Total
    19.009
    18.911
    26.454
    30.808
    27.747
    37.000
    45.000
    52.000

     

    Source: Directorate General of Statistics (DGE)

    The influx of tourists to Cabo Verde in 1999, was estimated for 67.042.

    3.2 Fluctuations

    The major influxes of tourists occurs during the following seasons: Christmas holidays and New Year’s Day; Eastern holidays and the summer months of July, August and September. The dull season occurs during the months of May and November.

    3.3?Length of stay

    The average length of stay in the country is 8 days. Meanwhile, in respect to hotel units said length drops to 3 days with rates varying from 2,600 ECV to 9,000 ECV per day (May 1996 figures). Over half of the night-stays occur in establishments located in Sal, Santiago and S. Vicente, where occupancy rates come close to 70% - 80%.

     

    IV.?Tourism Products of Cabo Verde / Natural Resources

    4.1 Tourism Products of Cabo Verde

    The development of the tourism industry in Cabo Verde shall rely on the following factors: (i) insularity; (ii) location; (iii) mild climate; (iv) relative abundance of untapped natural resources; and (v) high potentialities for the development of water sports.

    "Sun and Beach" has been identified as the main tour product, namely in the easternmost islands, the ones best endowed to play that role. They also offer excellent conditions to engage in water sports and exhibit remarkable land features. Thus, tour packages and excursions can be promoted to take advantage of said conditions.

    The following tourism market segments have been identified as the most charming and most likely to strive in Cabo Verde:

    1.?(Traditional and active) Sun and beach: Its main features are the sun and beach; the climate; and water sports such as (scuba) diving, windsurfing and deep-sea fishery.

    2.?Nature tourism: Its driving force rests on nature-based activities/ actions such as hiking, climbing, horse-back riding and ecology-friendly activities.

    3.?Excursions and Tours: Its end goal is to visit or tour places and regions according to well conceived itineraries (short stops offered).

    4.?Culture-driven tourism: This segment encourages social intercourse with Capeverdeans and knowledge of their habits, principally the folklore, festive celebration days, the Shrove Tuesday included, music festivals and gastronomy.

    4.2 Natural Resources

    A survey of the natural resources of Cabo Verde identified 93 geographic units and classed them according to their degree of attractiveness.

  • (b) 21 areas whose natural geographical features are of interest (9 are located in mountain ranges principally in Fogo and Santiago; and 12 are flat land in Boa Vista and Sal; total surface of 354 km2) and
  • c) 18 picturesque itineraries (covering 426 km in the islands of Fogo, S. Antão, S. Nicolau and Santiago).
  • According to their natural charms the islands are classed into three groups:

    1.?Beach-endowed islands: Boa Vista (accounts for 52% of the total length of white sandy beaches of the country); Sal (15.6%) and Maio (29.1%).

    2.?Mountainous country: Brava, Fogo and S. Antão (they are almost 100% beach-free islands with steep topography).

    3.?Mountainous but beach-endowed country: S. Nicolau, S. Vicente and Santiago.

    In respect to sun and beach resources Cabo Verde is highly endowed. Additional features such as its mild climate, geographic location and quality of its beaches and marine ecosystem strengthen the attractiveness of the islands such as Maio, Sal Boa Vista and S. Vicente.

    In respect to natural resources, the country is also highly endowed. Indeed, it is striking the diversity of geographical features among the islands and within any given one. The pollution-free environment reigning everywhere and the ecological interest of other areas coupled with the adequate safekeeping of their natural interest, are highly appreciated.

    And in respect to excursion-tailored resources there are interesting itineraries in almost all the islands.

     

    V. Development Strategy

    Despite existing shortcomings, development potentials in the industry are sound. Small wonder the Government has elected tourism as the main development axis of its economic policy. Such importance is safeguarded in the country’s fourth National Development Plan (NDP) that advocates the development of Cabo Verde into a tourism destination of top international standard.

    The policy for the sector calls for the following overall objectives and principles to be accomplished for the period of execution of said NDP:

    1. Valorization of tourism-tailored natural resources and development of a quality-oriented tourism industry
  • Strengthening of the economic importance of tourism
  • Promotion of regional development and
  • Increase the share of the sector in respect to the Balance of Payment
  • The government has set as one of its core priorities the valorization of the natural resources of the country in such a way as to safe-keep the development needs of the sector of tourism. A set of major policies, highly relevant for the tourism industry, is being executed in domains such as transports (air services, inter-islands shipping and portage by land) health, sanitation, infrastructure (namely energy and urban infrastructure projects) and others such as culture, safety and professional training.

     

    5.1 Specific Objectives

    The 1997-2000 NDP foresees the fulfillment of the following set of specific objectives:

    1. Raise the share of the sector going through the GDP, to 4.5%.
  • Increase the supply of accommodations of top hotel standards (from 2,590 beds in 1996 to 4,350 beds by 2,000 which corresponds to 2,150 rooms).
  • Increase the number of entries (foreigners) from 37,000 (1996) to 65,000 (2000) and the number of night-stays to 527,000.
  • Raise the average length of stay of foreigners from 5.9 to 8 days.
  • Raise the per capita expenditure tourists incur in while in the country, from USD 350 (1993 figure) to USD 602 by the year 2000.
  • Create 1,360 new jobs in the sector thus raising the total to 3,360 by the year 2000. Create an additional 1,500 job positions in tourism-related sectors.
  • Attain a total of USD19m net profit by the year 2000 (foreign currency).
  • Allure and direct investment and financing to ancillary services to support tourism activities of international standard and
  • Increase the supply of leisure time and culture related activities.
  •  

    5.2 Land management system

    Considering the degree of infrastructure development in each island and the shortcomings related to international shipping as well as the existence of suitable beaches, the following islands have been assigned priorities in respect to tourism development needs:

    5.2.1 Master Plan (physical aspects considered)

    The government has undertaken to assure through its competent department, the former Tourism Institute, that some land management measures be taken. Said measures were inscribed in a Master Plan whose main components are:

    1. The identification of areas that, on account of their potentialities for the development of sun and beach tourism of top international standards are highly valued or that on account of their scientific (ecological standpoint) interest, should be declared "special" Tourism Development areas;
  • The identification of land and marine areas susceptible of being declared Reserves;
  • The specification of terms and conditions any sun and beach tourism facility within the special Tourism Development area should satisfy in respect to construction, blue-print and building features (such as the type of hotel building, the minimum size of the project, the height of a room, rules of construction);
  • The terms and conditions any nature-minded international tourism facility in mountain areas should satisfy; and
  • The classification, description and specification of protective measures governing Protected land and marine habitats including the activities allowed to take place within said areas.

     5.2.1.1 Special tourism development areas

    Said tourism development areas are classified into:

    Fourteen (14) sites have been classed as ITDA. Of that total 5 are located in Santiago, 3 in S. Vicente, 2 in Boa Vista, 2 in Maio and 2 in Sal. Each ITDA has its own Special Tourism Management Plan whose determinants are hereby specified:

    1. Road system.
    2. Allocation of landscape architecture and protection areas as well as construction sites (of tourism-related infrastructures).
    3. Allocation of tree planting areas including selected species.
    4. Design and allocation of grid service areas and open spaces.
    5. Foreseeable public utilities and leisure time infrastructures.
    6. Overall development criteria and program for the area, and
    7. Provisions governing execution works and development of the area. Among other things said provisions define the specific land use within the area, the type of hotel buildings, the minimum size of the project, the height of a room as well as the carrying over capacity of the area.

     5.3 Macroeconomic policies and tourism

    5.3.1 Monetary and fiscal policies

    The Tourism Development Plan identifies the main development shortcomings the sector is faced with. Thus, it anticipates that the bulk of the official development assistance should be directed to institutional capacity building, professional training and promotion of foreign investment.

    Meanwhile, under the terms and conditions of the framework law governing the development of tourism the government is entrusted with the setting up of a system of financial incentives for investment undertakings in the sector through jointly financed loan credit agreements.

    Support granted to the domestic undertakers through the Tourism Development Fund will target the development of small ancillary infrastructure projects, animation and capacity building in the area of management. The Tourism Development Fund has been instituted to enhance access to development credit. It offers cheap loans since its interest rates are lower than those charged by the financial institutions for similar operations and purposes.

    5.3.2 Foreign investment in the sector

    Anyone, either foreign or national citizen, is free to engage in tourism activities. However, foreign investment is solely accepted for undertakings and activities of major economic and social interest or impact, provided they have acquired the "tourism utility" status and have been granted official permit in accordance with the terms and conditions set under "Foreign Investment" law (Law numbered 89/IV/93, dated December 13).

    Furthermore, under the "Hotel and Related Industries" statutes, foreign investors are entitled to run hotels and related businesses provided such establishments bear the "tourism utility" seal. Likewise, trading companies, either proprietors of and/or acting manager of hotels and related businesses whose joint-stocks (more than 40%) are detained by foreign investors are subject to the same

    Provisions.

    Although foreign travel agencies and tour operators can be represented in the country such representation is limited to the role of intermediary in respect to their clients.

    Undertakings in the sector of tourism that are jointly-financed by foreign investment, are entitled to financial and fiscal incentives granted to foreign investors.

    Foreign Investment is regulated by Law (law numbered 89/IV/93, dated December 13th). The law ensures safety and protection of the investor’s rights and assets and it provides the following incentives:

    1. Tax exemptions on :

      . dividends and

      . profits

      allocated to foreign investors and deriving from duly authorized foreign investment initiatives, for an initial five-year period counted as from the date the official permission was granted or whenever profits have been legally reinvested.

    2. Tax exemptions on :

      . amortization of loans and

      . interests on supply of convertible currencies, legally furnished

      by foreign investor to the joint-stock of the firms they are shareholders and

      provided they are legally authorized.

    3. The guarantee to transfer abroad all or part of the earnings and profits derived from the investment, as hard currency, and at the prevailing rate of exchange and
    4. National and foreign workers alike linked to the investment who were residing abroad for more than five years as the date of their employment, are entitled to transfer all their earnings abroad.

    If after the initial five-year period as specified for the purposes of such incentives no re-investment is made, profits and dividends are assessed at a binding rate of 10% in respect to such investment for a period of at least 15 years after the date official permission was granted to proceed with a foreign investment.

     5.3.3 Foreign policy

    Foreign citizens willing to enter the country as tourists might be granted a competent visa. Those visiting the country as part of a group on organized tour and bearers of a certified collective identification card and travel arrangements (according to Law numbered 93/III/90, dated October 27th) are not required to have a tourism type of visa.

    The visa grants the tourist a 90-day entry permit. Such period might be extended for another 90-day maximum and should be used within the date one hundred eighty days after the date of issue.

    Travel agencies managing groups of tourists are required to report to the competent immigration and customs services the identification of every single component of the group at the earliest possible date.

     5.4 Promotion of tourism

    The 1997-2000 Tourism Marketing Plan defines the marketing strategy and tourism promotion activities abroad to be followed for the above period.

     5.5 The administration of the sector

    In respect to the ITDAs, Promex is responsible for, inter alia, the acquisition, management, administration, transfer of ownership rights on the land, formulation and execution of the Tourism Management Plans, ratification and execution of the Detailed Management Plan’s projects, ratification of blue-prints and construction works projects as well as the monitoring and supervision of projects and construction works.

    VI. Legislation

    The laws that are applicable to the tourism industry incorporate concerns over the fragility of the ecosystem, the scarcity and dispersion of tourism-prompting natural resources as well as the needs to protect rather than subject them to the rules of the market.

    The most important ones are:

    1. Law numbered 21/IV/91, dated December 30th, published in the addendum to the Official Gazette, numbered 52/91 (B.O. nº. 14/91): This law outlines the development policies for the sector and sets the basic principles, objectives, means and mechanisms. It might be considered the framework law.
    2. Law numbered 40/IV/92, dated April 6 th; published in the addendum to the Official Gazette, numbered 14/92: It levies a tax on firms associated with the business of tourism such as hotels, travel agencies, tours operators, camping grounds, rent-a-car firms, etc.
    3. Law numbered 42/IV/91, dated April 6 th, published in the addendum to the Official Gazette, numbered 14/92: It creates the legal and judicial regime of "tourism utility", to be assigned to tourism-prompted undertakings that satisfy certain prerequisites as defined under the law.
    4. Decree-law numbered 68/92, dated June 19 th; published in the second addendum to the Official Gazette, numbered 24/92: It acknowledges merit to persons or collectivities of either national or foreign origin, engaged in the industry.
    5. Decree-law numbered 69/92, dated June 19 th; published in the second addendum to the Official Gazette, numbered 24/92: It regulates the Law on Gambling; it institutes the legal and judicial regime governing the personnel, the running of casinos, the access to and supervision of casinos, illicit deeds and sanctions. N.B.: This law is being reviewed.
    6. Decree-law numbered 2/93, dated February 1st; published in the Official Gazette, numbered 2/93; Series I: It proclaims "Special Tourism Areas" those identified as specifically endowed to undergo Sun and Beach international tourism development or those having important ecology-induced values; furthermore, it sets the ways and mechanisms of land appropriation within the limits of said areas as well as establishes the provisions commanding their allocation to investors.
    7. Decree-law numbered 3/93, dated February 7th; published in the Official Gazette, numbered 6/93; Series I: It reviews the judicial regime, instituted under Decree-law numbered 101-S/90, dated November 30th, governing the activities of the travel agencies and tour operators. The goal is to adjust them to the current needs of the sector. 
    8. Decree-law numbered 11/94, dated February 14th; published in the Official Gazette numbered 7/94; Series I: It creates the Tourism Development Fund whose objective is to promote, through tax and other incentives for investment, the development of the industry. Said incentives include subsidies, provision of surety bonds for investors with the financial institutions and payment of interest rates lower than those charged by the market; further on, the Fund might extend (short/medium/long term) development credit to the sector of tourism.
    9. Decree-law numbered 14/94, dated March 14th; published in the Official Gazette, numbered 10/94; Series I: It reviews the Statutes of Hotel and Related Businesses. In doing so it sets the norms regarding the exploitation of tourism-tailored national resources and the running of hotels and related businesses.
    10. Decree numbered 3/94, dated December 7th; published in the Official Gazette numbered 6/94; Series I: It regulates the activities of the travel agencies.
    11. Decree numbered 4/94, dated March 14th; published in the Official Gazette numbered 10/94; Series I: It rules the establishment, classification and running of hotels and related businesses.
    12. Decree numbered 7/94, dated May 23rd; published in the Official Gazette numbered 20/94; Series I: It pronounces the establishment of Integrated Tourism Development Areas (ITDA) and Reserve for Tourism and Protected Areas for tourism (RTPA)
    13. Decree-law numbered 55/95, dated October 16th; published in the Official Gazette numbered 35, Addendum 3, Series I: It abolishes INATUR (National Institute of Tourism) and approves the new statutes of PROMEX.
    14. Decree-law numbered 43/99, dated July 06th; published in the Official Gazette numbered 23; Series I: It declares urgent and of public interest the expropriation of land within the limits of the Integrated Tourism Development Areas (ITDA).

    A set of legislative material is being reviewed and updated in order to better adapt norms to the prevailing conditions in Cabo Verde and raise the performance of the domestic professionals in the business.