Culled from the Daily Observer.

The Gambia has been ranked 62, out of 140 nations, in world foreign
investment Havens.

According to a report published by the United Nations on Tuesday and
forwarded by the EAW group Inc. headed by John Aycoth, a new ranking that
compared a country's share of global foreign investment, its share of
global gross domestic product for the period 1998-2000 was produced.

The survey found that although developed countries are recipients of more
than two-third of foreign investment many do not live up to their
potential. The report also noted that foreign investment fell by more than
half in 2001 to $735 billion mainly because of a drop in international
mergers and acquisition. This report is yet another indication of The
Gambia's openess to foreign investment and business.

Reacting to the report, Gambian US Ambassador, Essa Bokarr Sey, in an
interview with the media in Washington DC yesterday, cited that this was
just the beginning many great things down the line for The Gambia.
Ambassador Sey told the visiting foreign journalists at his office that
President Jammeh prioritises, "a strong, sound and vibrant economy. Thus,
this is a resounding indication of a progressive nation."

Mr. Sey went on to say that the only way to empower people was to create
jobs, a good standard of living and a great health care system. "Anything
short of that is deemed a failure by the Gambian President," the Ambassador
noted.

Ambassador Sey said the latest results of The Gambia's ascendency, "is a
government and the people working together in unison for the cause of the
nation. If this trend is maintained, we will show the rest of the world
that sometimes, it is the smallest country that has the most to offer."


Have a good day, Gassa.

--
There is a time in the life of every problem when it is big enough to see,
yet small enough to solve (Mike Leavitt)

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

To unsubscribe/subscribe or view archives of postings, go to the Gambia-L Web interface
at: http://maelstrom.stjohns.edu/archives/gambia-l.html
To contact the List Management, please send an e-mail to:
[log in to unmask]

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~