Tag Archives: STRIKES

TIAN TANG TYCOON STRIKES AGAIN! Billionaire Chinese who wants to replace Luzira Prisons with a hotel now handed Entebbe forest land to erect a mall

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A fresh storm has hit Uganda’s investment scene after government quietly allocated 150 acres of Kitubulu Central Forest Reserve in Entebbe to Chinese billionaire Paul Zhang, the man behind the controversial Luzira Prison hotel proposal. The deal — worth a staggering $500 million (about Shs1.7 trillion) — will see Zhang’s Tian Tang Group erect a mega government complex, five-star hotel, …

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