Saturday, March 3, 2012

China International Fund and Tanzania's Airport

Beibei Yin reports in The Guardian March 2, 2012, about further complications from the failed Dar es Salaam Terminal 3 airport project won by China International Fund (CIF) in Tanzania: Chinese Investment in Tanzania Bears Bitter Fruit. Yin's report digs more deeply into the story, and reveals the problems left behind when the Tanzanian government evacuated all the people living in the spot now vacant and fenced. As noted on this blog, I was there in September 2011, and used the vacant lot as the lead for a story about CIF. Yin reports that the CIF logo has now been painted over...

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