Word: investers
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...needs modernization, but says slapping an American model onto the Chinese landscape won't work. "The situation in China is completely different," he says. "In many rural areas, they do not have the infrastructure for environmental treatment." To mitigate damage, Wen says, big companies and governments will need to invest in the communities they're developing, including funding for programs that help displaced farmers find new lines of work. Without investment, "the booming beef and cattle industry would mean the destruction of the community and environment they rely on," says...
...justification. "We see this to be an enabler for new opportunities, new businesses, and to attract new companies," says Yeng Kit Chan, head of Singapore's Infocomm Development Authority. "Without this new infrastructure Singapore would not have an edge over other locations." Late last year, Singapore said it would invest $20 million in a wireless project that will provide Internet access in public places such as parks, hotels and malls...
...TIME: How are you going to create this prosperity? Kagame: The most important resource of Rwanda is the people of Rwanda. That's true in any country, but more so in Rwanda because of the lack of other resources. That's why we want to invest in healthcare systems and education, and why we made the choice to promote science and technology. We are looking at how to modernize our agriculture and shift from that to other things. So we are looking agriculture, tourism, energy, infrastructure, telecommunications, mining. And we are looking at setting up institutions and tax regimes that...
...Washington, Kagame's new friends fixed him a meeting with the then House of Representatives Speaker Dennis Hastert that helped lead to a write-off of Rwanda's debt. "There is no African nation that carries as much favor with corporate America," says Cooper. "These people don't invest in Africa because they don't have a tolerance for corruption and all that garbage. But when they sit down with Kagame, they realize something here is different...
...encouraged the United States and others to invest more in renewable energy for the sake of the environment...