Guinea Bissau: Fujian Shai Corp to invest $300 million in fishery and hospitality
Wednesday, 06 January 2016 19:19
Chinese Fujian Shai Corp just announced it would invest $300 million in Guinea Bissau. A part of this amount will be used to build a fishery complex in Prabis. The company’s head said this unit would generate 3,000 direct jobs.
The executive added that his firm was currently studying with the country’s authorities, the opportunity to make similar investments in the fishery industry. Fujian Shai Corp in fact, plans for the construction of a port for the unloading of fishery products as well as that of a road connecting Bissau the capital to Prabis where it will establish its infrastructures.
Besides the fishery unit, the $300 million investment will also serve to build a five-star hotel,Macauhub reveals.
Aaron Akinocho
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