Gov’t signs MoU with foreign company on land allocation to retailers

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Gov’t signs MoU with foreign company on land allocation to retailers
Gov’t signs MoU with foreign company on land allocation to retailers

Africa-Press – South-Sudan. CentralEquatoria State Chamber of Commerce had signed a Memorandum of Understandingwith an Ethiopian company on provision of business space to domestic traders affectedby the previous demolition carried out by city council.

Speakingto Juba Monitor on phone yesterday, Chairperson of Chamber of Commerce RobertPitia pointed out that they were finalising the agreement on land allocation tosome of the traders who were affected by the demotion which was previouslycarried by the city council.

Hesaid that the company known as River Land Co. Ltd belonged to an Ethiopianinvestor who was also given the land on lease by the States Government for durationof time.

‘’Weare in discussion with the Ethiopian investor who is not currently in theCountry but delegated a representative and a lawyer so that he gives us a goahead. One he approves, his lawyer will write an authorisation letter on behalfof the company for the provision of some parts of the land to our affecteddomestic traders’’ He added.

Furthermore,Robert reiterated that the materialisation of the agreement would take aninterval of three weeks to its implementation. ‘’Theimplementation of the agreement will materialise in three weeks’ time as soonas the investor’s lawyer finishes thememorandum of understanding document(MoU) and the Article’’ He reiterated.

However,Pitia lamented that, the provision of the empty space to the local traders wouldnot be for free thus; they would be urged to pay a petty rental fee to enablethem run their commercial services.

‘’Ourlocal traders after being provided with space for their businesses will also besubjected to at least pay a petty rental fee for running the space. This feewill also help in running the states services for the citizens’’ He lamented.

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