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


“The Nile: Shared River, Collective Action” 2018-02-22 08:06:26 By Dr. Eng. Seleshi Bekele Ethiopia is hosting the 2018 Regional Nile Day Celebration in commemoration of the establishment of the Nile Basin Initiative (NBI) on February 22, 1999 in Dar es (...)

James Dak’s case:: Why death sentence should be canceled 2018-02-19 14:27:34 By Peter Gai Manyuon On Monday 12th of February 2018, a South Sudan court in Juba sentenced James Gatdet Dak to death by hanging, citing several provisions in the constitution as the basis upon (...)

The Position of the SPLM-N on Relief Delivery Same Wine, Old Bottles! 2018-02-18 06:50:42 By Elwathig Kameir On January 19, 2017, I published an article titled “Armed Struggle and Civil Resistance in Sudan: Catch 22,” from which I quote the following opening paragraphs (from i to iii): (...)


MORE






Latest Press Releases


Petition for release of Agou John Wuoi from prison 2018-02-15 20:45:31 Open letter to South Sudan President Salva Kiir Your Excellency, Kindly please permit me to take this rare opportunity to appreciate you for every effort you have made toward making South Sudan (...)

AUHIP Communiqué on Sudan & SPLM-N talks for cessation of hostilities agreement 2018-02-05 13:04:16 African Union High-Level Implementation Panel for Sudan and South Sudan Joint Statement on Unilateral Ceasefire, Cessation of Hostilities and Completion of Negotiations 1) With the facilitation (...)

South Sudanese rights group call to release political detainees 2017-12-10 07:50:31 THE INTERNATIONAL HUMAN RIGHTS DAY: 10 DECEMBER 2017: SSHURSA CALLS ON ALL TO ACTION FOR SOUTH SUDANESE The 10 December usually marks the international human rights day. SSHURSA notes with (...)


MORE

Copyright © 2003-2018 SudanTribune - All rights reserved.