Partner content: The Red Sea Project prides itself on being the world’s most ambitious regenerative tourism venture, instigating a science-led approach to luxury resort development. John Pagano, CEO of The Red Sea Development Company, discusses how this approach influences the investment partner mix; and tourism’s potential to elevate people, as well as place.
Spain's FDI levels had already dipped in 2019, and then Covid-19 hit the country hard. However, hopes are high for a quick recovery as innovative investors are targeted.
The hybrid events model is not new, but the pandemic has prompted event organisers to reconsider opportunities, trends and value in this marriage of the physical and digital. Nowhere are the possibilities more evident than in Singapore.
Singapore Exhibition & Convention Bureau
Cyprus had been on an upward curve with regard to FDI attraction, but then Covid-19 hit, with its tourism industry bearing the brunt. However, hopes are high that the country can bounce back.
Huge sums are invested in sectors connected to the blue economy, but are they doing more harm than good when it comes to the sustainability of the Earth's oceans and coastal areas?
Partner content
Jamaica is one of the largest economies in the Caribbean and a global hub for tourism, but even before the Covid-19 pandemic struck its FDI figures were slowing.
About 30% of FDI in the Dominican Republic comes from its pandemic-damaged tourism sector, but Covid-19 could help boost investment in medical supply manufacturing.
FDI information on Cuba is sketchy, but it seems that the country has been hit by a reduction in remittances as a result of the Covid-19 crisis.
Covid-19 has decimated the global tourism industry, with less developed countries baring the brunt.
The coronavirus crisis will undoubtedly have a major effect on FDI, but which sectors and regions are likely to bear the brunt?
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