SANParks is hoping to increase its revenue from public-private partnerships to just under R1,2 billion per annum by 2040, while also growing annual visitors at national parks to just under 17 million guests.
SANParks CEO, Fundisile Mketeni, shared these ambitious goals with members of the private sector gathered at the SANParks Investment Summit. In the most recent financial year, public-private partnerships contributed R101 million while R817 million was generated from these partnerships to date. Mketeni explained that SANParks had entered into 45 public-private partnerships since the organisation started its commercialization strategy in 2010.
By Tessa Reed
To read the full Tourism Update article click here.