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Tourism Investment Fund (TIF)

The specific objectives of the technical cooperation are to research potential models including the successful vacation saving program in France, to meet with a range of banking, travel sector and development experts, to hold at least two focus groups with selected experts to determine the structure of the TIF, and to prepare a business plan and feasibility study to launch the TIF. Among the areas to be investigated are potential partnerships with an existing bank, a plan to promote the TIF through ‘green' businesses in the U.S. and Canada, an analysis of market demand for sustainable tourism, and an analysis of carbon offset programs and potential partners in the target countries, Ecuador and Costa Rica. To meet these objectives, the technical cooperation provided by the Italian Trust Fund will finance one Italian and one part time non-Italian consultant who will conduct focus groups, consultations in the target countries (Ecuador and Costa Rica), develop a feasibility study and business plan, and prepare a proposal to be submitted to the MIF.

Project Detail

Country

Regional

Project Number

RS-T1315

Approval Date

December 20, 2006

Project Status

Closed

Project Type

Technical Cooperation

Sector

SUSTAINABLE TOURISM

Subsector

DEVELOPMENT TOURISM DESTINATION & PRODUCT MANAGEMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 49,296.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 49,296.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/IM-10202-RS Non-Sovereign Guaranteed USD - United States Dollar Italian Trust Fund for MIF Project Prepa Nonreimbursable
Operation Number ATN/IM-10202-RS
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Italian Trust Fund for MIF Project Prepa
  • Financial Instrument: Nonreimbursable
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