economic diversification
Coverage of economic diversification in the Nexus archive.
- Hong Kong, Macau not rivals for tourist trade, industry leaders say
Hong Kong and Macau can complement each other in tourism development rather than compete, according to officials and industry leaders. Maria Helena de Senna Fernandes, director of the Macau Government Tourism Office, emphasized collaboration between the two cities to attract overseas visitors.
- Abu Dhabi targets private infrastructure funds
Abu Dhabi aims to attract 55 billion dirhams ($15 billion) in private capital for infrastructure projects through expanded public-private partnerships. The initiative targets assets like dams, roads, schools, and urban landscaping, with 24 projects set to launch in the next two years. S&P Global reports global investor commitments despite geopolitical risks.
- Botswana: Botswana, De Beers Appoint Adesina Chair Of Diamonds Development Fund
Dr. Akinwumi Adesina has been appointed Chairman of Botswana's Diamonds for Development Fund, a joint initiative by the Botswana government and De Beers Group to promote economic diversification and sustainable development.
- Canada sidelined in USMCA renegotiations as domestic economy dips
Canada is being sidelined in USMCA renegotiations as its domestic economy declines. The country is seeking to strengthen trade ties with China to diversify its economy amid rising trade tensions with the United States.
- Congo’s Debut Eurobond to Help Diversify Economy, Minister Says
The Democratic Republic of Congo is issuing its debut Eurobond to diversify its economy, according to Finance Minister Doudou Fwamba Likunde. The move aims to attract foreign investment and reduce reliance on traditional revenue sources.