Middle Eastern company selling land near Santee - WCIV-TV | ABC News 4 - Charleston News, Sports, Weather

Middle Eastern company selling land near Santee

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ORANGEBURG, S.C. (AP) - A Middle Eastern development company that once promised to invest $700 million and bring close to 10,000 jobs to Orangeburg County is selling land it bought near Santee.

The Times and Democrat of Orangeburg reports that Jafza South Carolina LLC has put 1,300 acres of its land up for sale for $17.5 million.

But Orangeburg County Development Commission Executive Director Gregg Robinson says the sale doesn't mean Dubai-based Jafza won't build a massive distribution center and manufacturing park.

Robinson says Jafza did scale back its plans because the massive global economic downturn. He says the land sale is part of the company's desire to simply develop the site and have someone else run it.

So far one building has been built on the site. It is currently empty.

 

Information from: The Times & Democrat, http://www.timesanddemocrat.com

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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