EMERGENCY AID FOR THE TOURISM SECTOR

EMERGENCY AID FOR THE TOURISM SECTOR

Posted by : Quoting the Solomon Times Posted on : 23-Jun-2020

“The Solomon Islands Tourism Infrastructure Development Fund (SITIDF) is providing emergency funds to approved tourism operators.

“These emergency funds will help to reduce the severity of COVID-19’s economic impact on tourism operators and ensure that Solomon Islands is well placed to welcome international visitors immediately once borders reopen.

“The SITIDF funding has been provided by the New Zealand Government and the Australian Government initiative, Strongim Bisnis, will provide implementation and monitoring support.

“The SITIDF’s short-term emergency grants will assist tourism industry operators to retain employees and maintain facilities and assets until the Government tourism stimulus package is finalised. Initial payments to applicants approved by the SITIDF Board of Trustees have been made by the fund administrator.

“Grants have been provided to tourism operators who have invested in their own operations to become viable establishments that are attractive to international tourists. These establishments are considered anchors of the industry, essential to maintaining Solomon Islands’ international tourism offerings.”

Copyright @ 2020, Solomon Times.

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