12 Jan 2018

Samoa promotes Chinese investors

8:23 am on 12 January 2018
Samoa's PM Tuilaepa Sailele Malielegaoi

Samoa's PM Tuilaepa Sailele Malielegaoi Photo: RNZ / Sela Jane Aholelei

Samoa's Prime Minister believes that if people stopped looking at Chinese as people 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 from KHJ News if his government was concerned at the number of local businesses being sold

to Chinese interests.

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.

The sale of Samoan land continues to be a major concern for many and was the cause of a recent peaceful march led by many overseas based academics.

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.