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A representative of Italian billionaire Flavio Briatore has warned that the former Formula One owner could withdraw his proposed Sh1 billion investment in Malindi town due to political infighting, mounting garbage, land squabbles and poor infrastructure in the tourist resort.
According to the billionaire, the delayed expansion of the Malindi International Airport due to political interests and unending land wrangles, poor road network as well the increasing garbage in Malindi, investors could no longer hope to invest in Malindi and are looking for other investment destinations in Zanzibar and Seychelles.
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