Investing inside the Gambia Free Zones
Activities authorized for the purpose of investing within the Free Zones are listed in the Schedule to The Free Zones Act 2001 and they are:
(a) Warehousing;
(b) Breaking bulk;
(c) Assembling;
(d) Storing, grading, cleaning and mixing;
(e) Labeling, packaging and repackaging;
(f) Processing;
(g) Manufacturing;
(h) Telecommunication and information technology;
(i) Energy;
(j) Financial services and off shore services;
(k) Health and veterinary services;
(l) Transportation services;
Other activities not listed shall be allowed upon the authorization of the Secretary of State for Trade, Industry and Employment
Billions of delasis have recently been invested in the Gambia's infrastructure. The Chinese have funded the building of the International Stadium and Sports Centre at Bakau which hosts many international conferences, cultural and sporting events.
The Kuwaities have funded the building of the Coastal Road, Gambia's.main road connecting Banjul, the main tourist areas and the South of Gambia.
This has effectively opened up the country and has cut many hours from traveling times. Areas previously accessible only to four wheel drives are
now readily reached.
Tourist development has quickly followed with five star hotels being built in Brufut and many Eco-lodges and small scale tourist ventures are springing up further south. Land that was previously worthless due to inaccessibility is now
rapidly increasing in value. Away from the coast the road has led to a farming boom in southern Gambia providing exotic fruit and vegetables for European supermarkets, local luxury hotels and restaurants.
Press
Thursday, August 05, 2010
A high-powered delegation of investors from the Al-Sultanah International Holding Limited, an Omani-based firm, Wednesday arrived The Gambia for a second visit aimed at finalising agreements for potential investment in various areas.
The delegation, led by the chairman of the firm, Zakariya Al Ghassani, was received on arrival at the Banjul International Airport, by Gambian officials
headed by Ebrima JT Kujabi, the country's ambassador-at-large, on behalf of the government. "This is our second visit to The Gambia. We came first to the
country before and of course we were happy to meet the officials and discuss several issues in terms of cooperation between Oman and The Gambia, and our group for investment in the country.
Now we are here to follow-up on the first visit and indeed carrying a lot of ideas especially in the aviation sector,
oil and alternative energy," Al Ghassani told this reporter in an interview shortly after they landed at the airport.
Malaysians to invest in energy sector
Thursday, August 19, 2010
The seemingly unending power shortage experienced by the country will soon be history, if the words of Malaysian investors currently in the country
are any guide.
Malaysian investors, who arrived in Banjul on Tuesday, are said to be eyeing investment in the country's energy sector.
"We will invest in the area of power, and will try to expand the power industry in the country. With the support of our partners here in The Gambia,
we can expand the power sector. We came with our engineers and technicians," Mohd Zaini Nordin, a Malaysian investor accompanied by his engineers
told reporters, shortly after their arrival at Banjul International Airport.
When asked for the reason of choosing to invest in The Gambia, the Malaysian investor said he came to invest in The Gambia due to the friendliness of
the Gambian people, and not only for big gains.
"We are motivated by the Gambian hospitality and friendliness to foreigners, especially in business. In business many people look at the profit-making only, but with us, it is a different case. We consider the people's approach and the environment. I was here about one and half year ago. I know the people are friendly and hospitable, and so we will invest," he said.
The Gambia's Ambassador to Qatar, Ansumana Jammeh, was at the airport to receive the Malaysians, and lauded the initiative, noting that it will be
very helpful to Gambians in many forms.
Taiwanese embassy hosts dinner for visiting investors
Thursday, November 19, 2009
The Taiwanese embassy in Banjul last Friday hosted a dinner at the Kairaba Beach Hotel in Kololi for the visiting Taiwanese investors, who are currently
in the country to participate in the 2009 trade fair, organized by the Gambia Chamber of Commerce and Industry (GCCI).
The event which brought together staff of the Taiwanese embassy in Banjul, the media, members of the business community among others, was graced by
the Gambian ambassador to the Republic of China (Taiwan), Maudo Juwara and the Taiwanese ambassador to The Gambia, HE Richard Shih.
Speaking at the dinner, Ambassador Shih used the moment to heap praises on the Gambia government for supporting them, describing the relationship
between the two nations as cordial. According to him, the coming of the Taiwanese investors to partake in the 2009 trade fair in The Gambia would
open doors for a new partnership between the two nations. He said the Gambian business industry has a great potential for investment and that this
partnership would also broaden the scope of the business environment of the country.
Invest in The Gambia and Relax Sahel Beach Front Residence
The Gambia has remained an unexplored secret to tourists and international property investors alike, until recently.
The Gambia has remained an unexplored secret to tourists and international property investors alike, until recently.
The capacity for huge tourism expansion, a stable and welcoming investment environment and the potential for very profitable rental yields and rewarding capital growth are just a handful of reasons to purchase.
Relax Sahel Beach Front Residence offers investors the enviable opportunity to purchase top-quality property in a prime location now, while prices remain low.
* 6 month holiday season leads to exceptionally high occupancy rates
* Potentially very high yields
* Direct 6 hour flights from many UK and European airports
* Strong and growing economy
* Stable and welcoming investment environment
* Huge tourism growth potential
* Large investment - both public and private, national and international
* Lucrative capital growth potential
* High level of investment in infrastructure and property development
* Property ownership is based on the British legal system
* Crime rates and the cost of living are among the lowest in the world
* Potentially very high yields
* Direct 6 hour flights from many UK and European airports
* Strong and growing economy
* Stable and welcoming investment environment
* Huge tourism growth potential
* Large investment - both public and private, national and international
* Lucrative capital growth potential
* High level of investment in infrastructure and property development
* Property ownership is based on the British legal system
* Crime rates and the cost of living are among the lowest in the world
Quality of Design
Quality of Life
gambiapropertysales@gmail.com
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