Industry News > PROFIT 2007 to take place in Kampala, Uganda, 27-29 June 2007 > Tourism Development in East Africa/Indian Ocean
EU Promotes Tourism Investment in East Africa and Indian Ocean area

Some 250 to 300 high level delegates from Europe and all over the East Africa & Indian Ocean area are expected to converge on Kampala, Uganda, from 27 to 29 June for PROFIT 2007, a major Regional Investment Conference, held under the auspices of the European Union Pro€Invest programme.

Pro€Invest is an EU-ACP (Africa, Caribbean and Pacific) partnership programme developed and undertaken by the European Commission on behalf of the ACP countries. Through Pro€Invest, the EU is keen on building tourism sector partnerships between East African/Indian Ocean companies and European/African businesses. The target countries are Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Mauritius, Madagascar, Rwanda, Seychelles, Somalia, Sudan, Tanzania and Uganda.

The main focus of PROFIT 2007 will be one-to-one business meetings between European and African participants. This event provides a unique opportunity

• to meet the top decision-makers and key actors in the targeted sector

• to anticipate demand in rapidly changing markets

• to identify business and Euro-African co-operation opportunities

• to benefit from preferential access to financial and development institutions (European Investment Bank, CDE, Pro€Invest etc.)

• to benefit from contacts with high-ranking representatives of Ministries and intermediary organisations

For the hospitality community, PROFIT 2007 will enable European and African partners to meet and explore business opportunities with enterprises and entrepreneurs in the Hotel, Resort and Restaurant sector (development, extension and renovation).

After this Regional Investment Conference, partners may apply for a Pro€Invest grant to finance a tailor-made technical assistance targeted to facilitate and speed-up the business development opportunities and/or to improve the firms’ performance.

Click here for more information and to register for both the conference and business meetings

or contact Dr Auliana Poon, Managing Director, Tourism Intelligence International (apoon@tourism-intelligence.com)

For more information on Pro€Invest see www.proinvest-eu.org

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