Foreign investments worth $799 million registered over two years

Ministry of Economic Development has announced that 55 foreign investment projects worth $799 million have been registered over the past two years.

This came in a report highlighting the ministry’s achievements on the occasion of the second anniversary of the current government.

A total of 47 foreign investment projects in the tourism sector with a total initial investment amount of $1.056 billion have been registered since December 2014.

Other proposed mega foreign investments include the airport development project, worth $800 million.