Investment and Development in Nature-Based Tourism in Bangladesh
Category:- Journal; Year:- 2021
Discipline:- Forestry & Wood Technology Discipline
School:- Life Science School
Nature-based tourism (NBT) is known as a tool for sustainable development. Bangladesh is bestowed with various natural resources and attractions of NBT. However, there is a lack of research on investment and development in NBT, particularly in the context of Bangladesh. Therefore, the research aims to study the overall investment and development status of NBT in Bangladesh. The study followed content analysis based on reviewing various secondary information. In recent years, the NBT destinations of Bangladesh are getting more popular with domestic visitors. There are significant contributions of NBT in the tourism industry of Bangladesh by contributing GDP and generating new job opportunities. Considering the present status of NBT, this sub-industry has more potentials to develop; hence it can facilitate the sustainable development of Bangladesh. It warrants to solve various challenges in NBT to harvest more from this sub-industry. It requires more political commitments, integrated and coordinated efforts from various ministries of the government, more active and responsible participation of private actors, promotion of environmental education and awareness, efficient marketing strategies to attract more international tourists, management of these destinations, and above all practicing tourism governance to improve NBT development and its investment.