World Heritage Site: Stone Town of Zanzibar
Publication Year: 2016
Publication Type: Article
Publication Identifier: WHE747B019C35
Summary
Foreign Direct Investment (FDI) in Zanzibar's tourism industry, particularly in Stone Town and coastal regions, has demonstrated a positive correlation with employment growth. The study, conducted through questionnaires and interviews with tourist investors, reveals that FDI significantly enhances job opportunities while reinforcing the link between foreign investment and tourism expansion. Recommendations emphasize promoting international tourism and diversifying FDI across other economic sectors to balance development. This research underscores the potential of tourism-driven FDI in developing economies, offering actionable insights for policymakers aiming to optimize labor market benefits.
Citation
Othman Abbas, A. (2016). Impact of Foreign Direct Investment on Employment Evidence: Zanzibar Tourism Industry. International Journal of Economics, Finance and Management Sciences, 4(5), 250. https://doi.org/10.11648/j.ijefm.20160405.13
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