<p dir="ltr">Perhaps they can require those investors to have a local shareholding participate. Not sure how it works though, all I do know you must have local shareholding to invest in UAE without making noise about the true quality of the local shareholder. </p>
<div class="gmail_quote">On Nov 18, 2015 7:06 AM, "Ali Hussein via kictanet" <<a href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a>> wrote:<br type="attribution"><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div dir="auto"><div>Listers</div><div><br></div><div>Interesting article in the Business Daily today. </div><div><br></div><div> <span style="font-weight:bold;background-color:rgba(255,255,255,0)">IN SUMMARY</span></div><div style="margin:0px;padding:0px"><ul style="margin:0px;padding:0px;line-height:1.5em"><li style="margin:0px 0px 0px 1.5em;padding:0px;line-height:1.5em"><span style="background-color:rgba(255,255,255,0)">Investors eyeing space at Konza Techno City will be required to raise between Sh250 million and Sh2.6 billion for various projects earmarked for phase one, a document from Konza Technopolis Development Authority (KoTDA) indicates. </span></li><li style="margin:0px 0px 0px 1.5em;padding:0px;line-height:1.5em"><span style="background-color:rgba(255,255,255,0)">Investors are also required to focus on technology, engineering and innovation projects, with the demands meant to lock out land speculators.</span></li><li style="margin:0px 0px 0px 1.5em;padding:0px;line-height:1.5em"><span style="background-color:rgba(255,255,255,0)">The expression of interest will close on January 30, 2016 after which evaluation of the bids will be undertaken, setting the stage for investment flows starting next year. </span></li></ul><div><br></div><div>This is laudable and commendable. I'm however looking for incentives and push for the local companies & startups who may not have the millions to invest in the real estate but are brimming with ideas and enthusiasm. </div></div><div><br><div><div><span><b>Ali Hussein</b></span></div><div><span><b>Principal</b></span></div><div><b style="background-color:rgba(255,255,255,0)">Hussein & Associates</b></div><div style="font-family:Helvetica;font-size:medium"><a href="tel:%2B254%200713%20601113" value="+254713601113" target="_blank">+254 0713 601113</a> / <a href="tel:0770906375" value="+254770906375" target="_blank">0770906375</a></div><div style="font-family:Helvetica;font-size:medium"><br></div><div><p style="margin:0in 0in 0pt"><span style="background-color:rgba(255,255,255,0)">Twitter: @AliHKassim</span></p><span style="background-color:rgba(255,255,255,0)"><font></font></span><p style="margin:0in 0in 0pt"><span style="background-color:rgba(255,255,255,0)">Skype: abu-jomo</span></p><p style="margin:0in 0in 0pt"><span style="background-color:rgba(255,255,255,0)">LinkedIn: <a href="http://ke.linkedin.com/in/alihkassim" target="_blank">http://ke.linkedin.com/in/alihkassim</a><a href="http://ke.linkedin.com/in/alihkassim" target="_blank"><span style="text-decoration:none"></span></a></span></p><span style="background-color:rgba(255,255,255,0)"><font></font></span><p style="margin:0in 0in 0pt"></p><font><span style="background-color:rgba(255,255,255,0)">Blog: <a href="http://www.alyhussein.com/" target="_blank">www.alyhussein.com</a></span><br></font></div><div><span><br></span></div><div>"Discovery consists in seeing what everyone else has seen and thinking what no one else has thought". ~ Albert Szent-Györgyi</div><div><span><br></span></div>Sent from my iPad</div></div></div><br>_______________________________________________<br>
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