Strategic Necessities to Activate Tourism Investments in Iraq: The Reality Hypotheses and The Vision of Ambition
Israa Saad Fahd Al-Jubouri
Mustansiriya University, College of Tourism Sciences, Department of Hotel Studies
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http://doi.org/10.37648/ijtbm.v13i05.007
Abstract
The world witnesses great, rapid and continuous developments in tourism industry, which represents an integrated system of interrelated and complementary tourism relations and activities due to its importance and impact in supporting the economies of countries as it is a civilized industry that does not pollute the environment that supports and generates national income.
In this research, the strategic necessities for activating tourism investments in Iraq as a national development strategy were addressed, based on that, initially shedding light on clarifying the theoretical concepts of the study variables.
Then, a review of the reality represented by a set of challenges to the investment process in the tourism sector and potential investment opportunities. With reference to the experiences of Arab countries that have adopted such a strategy, the research has reached a number of conclusions and recommendations, the most prominent of which is the need to build a national strategy for investment that supports the advancement of the tourism sector in Iraq, starting with activating investment in all its activities, attracting local and foreign investments, organizing tourism work and the effects that will result from it.
This is because Iraq possesses a variety of tourist destinations, represented by natural, cultural and sacred religious elements, in order for it to have an effective role in achieving sustainable and steady development that stems from and revolves around a basic pillar that is the advancement of this sector as an industry that supports the national economy.
Keywords: national investment strategy; tourism investment; tourism industry