Chinese investors bring employment and other benefits to the economy: Samoa’s PM
Samoa’s Prime Minister believes that if people stopped looking at Chinese as foreigners buying into Samoa and more at the positive and collective benefits to the economy, then it would be clear that they are only in the country to help.
Tuilaepa Sailele Malielegaoi was responding to a question if his government was concerned at the number of local businesses being sold to Chinese interests, RNZI reports.
Major sales of Samoan businesses to Chinese interests include the two Sheraton Aggie Greys resorts and the Tree House Hotel at Malololelei.
And more recently the Catholic church has sold a major beach property on the northern east coast of Upolu island to another Chinese organisation.
Tuilaepa pointed out that Chinese owned businesses now employ more Samoans than other companies.
He said these companies are providing employment for the thousands who graduate every year.