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Article: President Menezes' grand new plans. (Countryfile: Sao Tome & Principe).(Fradrique de Menezes, president of Sao Tome and Principe)(Brief Article)
- Article from:
- African Business
- Article date:
- March 1, 2002
- Author:
CopyrightCOPYRIGHT 2002 IC Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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President Fradrique de Menezes wants to turn his small nation of Sao Tome and Principe into an African version of the Asian tigers, Singapore and Taiwan. He told African Business that during his visits to Taiwan and Singapore last December he had held discussions with business and governments on developing offshore facilities in his own country.
Legislation to set up export processing zones (EPZs) in Sao Tome and Principe is already in place although final details of the project are still to be completed.
Taiwan and Singapore have both offered President Menezes the necessary know how and expertise to create such EPZs, and build the required ...