From today's Business Daily:
Proposals for a vast trade zone near Lake Victoria in Uganda have won Chinese backing worth around $1.5 billion over the next three years.
It could be one of the region’s largest private investments though insiders say the zone is still a long way from getting off the ground.
The plans are for a free trade zone of 200 square miles, which would have a major impact on Uganda’s economy.
Chinese money would fund a new port and logistics centre, an airport, roads and telecoms infrastructure, facilities for manufacturing companies and financial services, an agriculture training centre and residential and entertainment areas.