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Dubai World eyes Rwandan tea factories
- United Arab Emirates: Thursday, June 19 - 2008 at 14:05
Dubai World is in 'advanced discussions' with the government of Rwanda for a portion of the African nation's tea sector, reported Rwanda News Agency. Executive Secretary of the Privatisation Secretariat, Twahirwa Manasseh, said the holdings firm wants to buy out the Gisovu Tea Estate and factory, Gisakura Tea Estate and factory, and Kitabi estate and factory - all in western Rwanda. In December last year, Dubai World announced an investment totaling some $230m into Rwanda's tourism sector.
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Jeff Florian, Senior ReporterThursday, June 19 - 2008 at 14:05 UAE local time (GMT+4)
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