Hundred percent foreign investment will be allowed in the construction of five-star hotels in Bhutan on a selective basis to overcome the shortage of financial capital in the domestic market and up the quality of services provided to tourists visiting Bhutan.
However, in the four-star hotel category, as suggested by the hoteliers, the government agreed that foreign investments will be allowed up to 70%, in order to create opportunities for the local entrepreneurs. Continue reading Bhutan to allow 100% FDI for 5-star luxury hotels