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Alonso de Oliveira, CEO of JHSF; Jerry Inzerillo, CEO of Al Diriyah Group; and Aireen
Omar, President and CEO of RedBeat Capital, Capital A (AirAsia).

Acknowledging the tourism sector’s key role in boosting global economic growth, Bin
Touq said that it also serves as a key pillar in the achievement of SDGs by 2030.

This is due to its significance and broad impact on delivering sustainable development
for nations through increasing revenues, attracting FDI, creating job opportunities,
establishing varied tourism ventures, and enhancing transport infrastructure.

He further explained that in addition to contributing to the growth of related services and
industries such as hospitality, transport services, leisure and retail sectors, tourism
contributes to creating job opportunities for people of all ages, reducing unemployment
rates.

Bin Touq pointed out that by 2033, this dynamic sector is projected to boost its
contribution to the global GDP to $15.5 trillion, accounting for 11.6 percent of the world
economy.

It is expected to provide employment for around 430 million individuals globally, which
makes up almost 12 percent of the global workforce, as per the World Travel and
Tourism Council's projections.

Importance of Sustainability in Advancing Tourism

Bin Touq emphasised that sustainability is key to boosting the tourism sector’s growth in
the immediate future, particularly given the current global environmental and social
challenges.

It calls for strengthening the collaborative efforts across all fronts and levels to attain
harmony between economic and environmental progress as well as social
accountability.

Bin Touq also highlighted the UAE's commitment to enhancing the regional and global
tourism infrastructure to ensure the sustainability of the sector.

Additionally, he indicated that there are challenges ahead for sustainable tourism, most
notably the necessity to upskill the workforce, improve their performance and expertise
in tourism, and foster innovation and creativity across various tourism fields and
activities.

https://en.aletihad.ae/news/uae/4482395/bin-touq-leads-uae-delegation-participating-in-wef-
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