04/15/2014

Why Do Chinese Investors Want to Build a Dubai-Style City In Kenya?

Why Do Chinese Investors Want to Build a Dubai-Style City In Kenya?

A coalition of 100 investors announced plans to build a "Chinese-controlled economic zone" populated by skyscrapers and luxury residences. Their new city will be in Kenya, but the goal is to "match the glamour of Dubai." What would motivate investors to go to the trouble of building a massive new city in a country other than their own? It's pretty simple, actually.

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Source: http://feeds.gawker.com/~r/gizmodo/full/~3/FxMG3md1ers/why-do-chinese-investors-want-to-build-a-dubai-style-ci-1560823771
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Apr 15, 2014 10:31:56 AM

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