Saturday, December 03, 2005

Trade: Uganda's President orders government to give land to investor

Uganda's President Yoweri Museveni, has told the government to give out 200sq miles of land to an investor to set up a tax-free zone for imports.

The Lake Victoria Free Trade Zone (LVFTZ) will be in Sango Bay and tariffs, quotas and bureaucratic requirements will be reduced to attract investment.