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Minister: Six sectors are allocated for Saudi investments 

Khartoum, Sept. 12 (SUNA)-  Minister of Investment Dr. Al-Hadi Mohamed Ibrahim has announced allocation of six sectors for investments by the Kingdom of Saudi Arabia in Sudan that includes the domains of energy, electricity, mining, transport, telecommunications, fish resources and railways.

Addressing the opening session of the Sudanese-Saudi Investment Forum at the Friendship Hall in Khartoum today, the Minister referred to a new investment plan whose slogan is transparency and integrity, adding that his ministry has made great strides in unifying investment procedures through the establishment of a single window, stressing the removal of all difficulties facing investors.

He pointed out that that the current conditions are now favorable for investment and different from the previous ones, saying that the lifting of sanctions against Sudan and the removal of its name from the terrorism list led to its return to international financial institutions.

He welcomed the visit of the Saudi delegation to Sudan headed by the Saudi Minister of Environment and Agriculture Abdul-Rahman bin Abdul-Mohsen Al-Fadhli.

The Minister said that the visit comes within the framework of cooperation between the two countries in order to create attractive investment opportunities in Sudan, stressing the government’s keenness on empowering the private sector and building strategic partnerships to establish an infrastructure conducive to attracting foreign investors.

BT/BT

Source: SUNA

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