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Infrastructure as Drivers for Economic Growth: A Way to advancing Tourism

Author

Listed:
  • Olasunmbo Adhuze

    (Department of Architectural Technology, The Federal Polytechnic, Ado-Ekiti, Ekiti State, Nigeria)

  • Adebayo Adewole

    (Department of Estate Management, The Federal Polytechnic, Ado-Ekiti, Ekiti State, Nigeria)

  • Olawale Adeaga

    (Department of Architectural Technology, The Federal Polytechnic, Offa, Kwara State, Nigeria)

Abstract

Tourism contributes significantly to economic growth in many countries and is an important source of foreign exchange. Infrastructure development is important for developing tourism activities and the economy of the country seeks to optimize the use of tourism. This study examines the role of infrastructure in advancing tourism as a driver of economic growth. It argues that infrastructure is essential to improve tourism and drive economic growth, emphasizing the importance of infrastructure in attracting tourists and creating an enabling environment for businesses to thrive. This study explores the relationship between infrastructure development, tourism, and economic growth, using an in-depth literature review of existing research on infrastructure development and its impact on tourism and economic growth. The relationship is assessed using multivariate analysis. This study examines various studies that have been conducted on the subject and synthesizes the findings to provide a comprehensive overview of the relationship between infrastructure development, tourism, and economic growth. The conclusion of this study is that infrastructure development is essential for advancing tourism and driving economic growth. This paper highlights the importance of investing in infrastructure to attract tourists and create an enabling environment for businesses to thrive. The study also recommends that policymakers prioritize infrastructure development as a means of advancing tourism and driving economic growth.

Suggested Citation

  • Olasunmbo Adhuze & Adebayo Adewole & Olawale Adeaga, 2023. "Infrastructure as Drivers for Economic Growth: A Way to advancing Tourism," International Journal of Latest Technology in Engineering, Management & Applied Science, International Journal of Latest Technology in Engineering, Management & Applied Science (IJLTEMAS), vol. 12(09), pages 86-93, September.
    • Handle: RePEc:bjb:journl:v:12:y:2023:i:09:p:86-93
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    References listed on IDEAS

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    1. Quang Hai Nguyen, 2021. "Impact of Investment in Tourism Infrastructure Development on Attracting International Visitors: A Nonlinear Panel ARDL Approach Using Vietnam’s Data," Economies, MDPI, vol. 9(3), pages 1-20, September.
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