China, UK firms ink $300m deal for Z’bar tourist resort
MCC Overseas Company Limmited Chairman, Mr Leo Zou (left) and Director of Pennyroyal Gibraltar Limited, Brian Thomson, exchanging documents after a signing agreement of $330 million project for constructing building of ‘Amber Resort’ at Matemwe during a ceremony held in Unguja Zanzibar on Wednesday. Right is Director of Pennyroyal Gibralta Limited, Saleh Mohamed Said . PHOTO | SALIM SHAO
What you need to know:
The Zanzibar’s Ministry of Finance and Planning Permanent Secretary, Mr Hamis Mussa who graced the signing ceremony in Stone Town, said that the ambitious project would create more than 2,000 jobs for the locals and boost tourism in the Isles. He expressed the government’s commitment to supporting the project.
