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Subject:
From:
Dave Manneh <[log in to unmask]>
Reply To:
The Gambia and related-issues mailing list <[log in to unmask]>
Date:
Wed, 6 Mar 2002 12:29:06 +0000
Content-Type:
text/plain
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We are not getting anywhere with our necks draped in millions of $'s of
foreign debt and whlst outr backs are breaking under it's heavy burden.

Its like the proverbial one step forward, 25 steps backwards.

I hope and pray that another thief does not run away with it and
come and live a life of luxury in Washington.But then again that will be
expecting too much wonnit, when the king-thief is upto his neck in the looting
of our coffers?

God bless our people and may he bring an end to our suffering.

Manneh


Quoting Jungle Sunrise <[log in to unmask]>:

> <html><div style='background-color:'><DIV></DIV>
> <DIV></DIV>
> <P align=center><B><FONT size=5>18 Million Dollars for Gambia’s Trade
> Gateway Project </FONT></B>
> <P align=left>The executive board of the International Development
> Association (IDA) of the World Bank, on February 28, 2002, approved the
> Gambia Trade Gateway Project. According to a letter issued by the
> permanent secretary, Department of State for Trade, Industry and
> Employment, the US$ 18 million project was jointly funded by the World
> Bank, contributing US$16 million and the Gambia Government, contributing
> US$2 million and the project is expected to be implemented over a period
> of five years, effective May, 2002.
> <P align=left>Mr Yusupha Kah (permanent secretary) also said the project
> would provide support for the Gambia Investment Promotion and Free Zone
> Agency (GIPFZA) and Gambia Divestiture Agency (GDA) and would also
> finance the development of a Free Economic zone at the Banjul
> International Airport area. Mr Kah further asserted that the principal
> objective of the Trade Gateway Project was to encourage labour
> intensive, export and private sector-led-growth by establishing a
> competitive enabling environment through the establishment of a world
> class business climate, the creation of local and foreign new
> enterprises and the attraction of increased foreign direct
> investments.
> <P align=left>He added that enterprises operating in the Free Economic
> zone would be operated within the Tax-Free and Duty Free environment
> with attractive financial and structural incentives accorded to them. He
> said under this project, factory cells would be constructed in the
> airport area and leased to interested operators. He also said that it
> was expected that by the end of the project, at least 20 new firms and
> 3000 direct and indirect jobs would be created. It would be recalled
> that the project was negotiated between the Gambia Government and the
> World Bank in October 2001 at the World Bank headquarters in Washington
> DC. </P>
> <P align=left>Culled from The Daily Observer of Today.<BR></P>
> <DIV><FONT color=#3333ff face="Courier New, Courier, Monospace"
> size=4>There is a time in the life of every problem when it is big
> enough to see, yet small enough to solve. -Mike- Levitt-</FONT></DIV>
> <DIV></DIV></div><br clear=all><hr>MSN Photos is the easiest way to
> share and print your photos: <a
> href='http://g.msn.com/1HM100901/r'>Click Here</a><br></html>
>
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