Reason in Invest in the Palm View Resorts and Cape Verde:
- According to an IMF report in December 2009 GDP growth in Cape Verde held at 4% despite the economic downturn with this figure set to increase to 7.4% in 2013
- Growth is expected to pick up, with inflation remaining low(IMF review 2009)
Continued research into the growing GDP per capita found that Cape Verde had reached a higher GDP than South Africa (2011) which is a sure indication that the island is profiting from the private investment and the government’s efforts to driving their tourism industry.
The indicators from the reports showPalm View Resortinvestors can expect high levels of lucrative growth. Ciaran Maguire Groupfeasibility reports shows the growing tourism on the island has risen from 45,000 since 1997 to 382,831 in 2010 and is expected to exceed 500,00 by 2012.
The contribution of travel…
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