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Tuesday, May 30th, 2017
OEK will not rush consideration of high-end accommodation measure

OEK will not rush consideration of high-end accommodation measure

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by January 31, 2017 Top Stories

Lawmakers will not rush consideration of the high-end accommodation legislation introduced by President Remengesau but instead will thoroughly review the measure to ensure that concerns brought up about the bill will be addressed.

Remengesau last  week  proposed a law  permitting foreign investments in  accommodations to be limited to  only five-star hotels and resorts. The measure aims at attracting luxury travelers. While, the proposed measure requires future investments to be built with strict guidelines, the government in return would provide tax breaks for the businesses. We’re sorry. You don't have permission to access this page. Please sign up to have full access to this page.

 

 

 

 

 

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