Home | News    Wednesday 19 April 2017

Sudan’s investment flows reach $4,1 billion in 2016: report

separation
increase
decrease
separation
separation

April 18, 2017 (KHARTOUM) - Sudan’s investment report has revealed that 2016 investment flows reached $4,1 billion.

JPEG - 32.3 kb
King Salman bin Abdulaziz and President Bashir witness the signing of bilateral financial agreements in Riyadh on 3 Nov 2015 (Photo SPA)

The annual investment report, which will be released within few days, said that 2604 investment projects have been licensed in the agricultural, industrial and services sectors in 2016, pointing the size of flows reached $4,1 billion.

According to the official news agency SUNA, the agricultural projects amounted to 668 while the industrial projects reached 811 and the services projects reached 993.

The report mentions that 46,765 job opportunities will be created from these projects, pointing that investment share in the Gross Domestic Product (GDP) has increased by $3,2 billion in the three sectors.

It pointed that the exports of investment projects during the year 2016 reached 4.3 billion dollars, indicating that investment projects contributed to the implementation of the state’s economic policy.

Last February, investment Minister Mudathir Abdel-Ghani said Sudan has offered 220 investment projects to achieve the Arab food security, pointing that Arab agricultural and livestock investment represents 85% of the total foreign investment in the two sectors.

He stressed that foreign investment in agriculture and livestock has risen to $13 billion, pointing it created 446,000 job opportunity in the agricultural sector.

Sudan’s economy was hit hard since the southern part of the country declared independence in July 2011, taking with it about 75% of the country’s oil output.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article



The following ads are provided by Google. SudanTribune has no authority on it.


s
Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Fatima Ahmed Ibrahim emancipation as a craft 2017-08-24 04:09:02 By Magdi El Gizouli Fatima Ahmed Ibrahim, a Sudanese veteran communist politician and feminist, passed away in London on 12 August. She is survived by her son Ahmed with the late al-Shafie Ahmed (...)

National Dialogue: A necessity for post-war South Sudan 2017-08-23 09:15:50 By Ambassador/ Dhano Obongo South Sudan, the newest nation in the world which gained its independence on July 9th 2011, was supported worldwide including Sudan that respected the will of South (...)

The New Sudan’s battling leaders 2017-08-22 23:22:09 By Salah Shuaib Following South Sudan’s recent miserable transformations, a large segment of Sudanese elites is greatly disappointed by how the New Sudan project ended in failure, bringing a (...)


MORE






Latest Press Releases


New group formed to gather Nuer in United States 2017-08-17 14:15:50 DECLARATION FOR THE FORMATION OF NUD TO BRING TOGETHER ALL NUER IN THE U.S.A Press Statement The Nuer Union For Development (NUD) The United State of America The State of Nebraska August 15, (...)

A prominent Sudan Women and Civil rights activist passed away 2017-08-14 21:09:47 The Strategic Initiative for Women in the Horn of Africa (SIHA) Khartoum, Sudan-August 14 2017 In the early hours of Saturday 12th August Fatima Ahmed Ibrahim, a renowned Sudanese leader of the (...)

HRW denounces "collective punishment" in South Sudan’s Wau 2017-04-15 07:06:48 Human Right Watch South Sudan: New Spate of Ethnic Killings Urgent Need for Justice; UN Should Increase Patrols in Wau (Nairobi, April 14, 2017) – Government soldiers and allied militias (...)


MORE

Copyright © 2003-2017 SudanTribune - All rights reserved.