But within these last 5-7 years it has seen rapid change, although the local investors are few in number.

Sixteen local private investors picked up the other 71 percent.

Few believe that the owners, a group of local investors, will spend still more money and effort.

In 1987, he sold the ship to a group of local investors for $117,000.

For the new bank, he raised the money from local investors and his own savings.

The government too has done nothing to encourage local or foreign investors in this area.

In 2006, ownership changed hands to a group of local investors.

Later on a group of local investors bought the hotel.

Couldn't local investors use the dollars to create their own new businesses?

A group of local investors bought the company for $55 million in April 2012.