During the discussion, representatives of opposing parties and the government, along with the Minister of Tourism Salomón Shamah and his team, reached consensus on some difficult issues within the law and included some modifications to improve it.
Deputy Hernán Delgado, who had proposed the legislative initiative, explained the need to stimulate tourist activity in the interior provinces, which has growing infrastructure development and receives hundreds of international visitors.
The amendments to the bill propose that tax incentives be provided to tourism products and the companies that build and operate convention centers or exhibition halls, by completely exempting them from import taxes for a period of ten years since the date of registration in the National Registry of Tourism.
Among the products that would be exempted include materials, equipment, construction workers and technological equipment for the construction and operation of convention centers that are built anywhere in the country, as long as the minimum investment is valued at B/.30 million.
The head of the National Tourism Registry, Magda Durán, explained that the initiative would also classify costs incurred by investors in restoring or maintaining public goods, such as monuments and parks, as deductible expenses.