Freetown — "Sierra Leone hopes new low-tax industrial zones will boost local processing of its resources, raising the value of exports and creating jobs, the West African country's Minister of Trade and Industry said on Thursday.
Work has already begun on a 54-acre 'Special Economic Zone' at Newton outside the capital Freetown, with the $5 million first phase scheduled for completion at the end of March 2011, according to the company running the site.....The intention of the zone is to utilise our natural resources, to add value and to create employment,' Minister David Carew said in an interview....."It will brand the country.
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