This latest development comes as a result of President Hussein Mwinyi's visit to Abu Dhabi in the United Arab Emirates (UAE). The 3-day visit, which started on Sunday ends today.
On his second day, President Mwinyi witnessed the signing of major investments of the Hotel projects between the Government of Zanzibar and Eagle Hills Regional Properties Company of the UAE.
The Chairman of Eagle Hills, an Abu Dhabi based private Real Estate Investment and Development Company, Mr. Mohamed Ali Rashid Alabbar and the Zanzibar Investment Promotion Authority (ZIPA) Director, Mr. Sharif Ali Sharif, signed the deal.
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