Foreign investments in Sudan in 2004 reach 1.4 billion dollars
Sept 14, 2005 (KHARTOUM) — Foreign investment in Sudan in the year 2004 reached 1.4 billion dollars, said the Minister of Finance and National Economy Al-Zubair Ahmed Hassan, at the Sudan Invest Forum 2005.
The Minister explained that there are available opportunities of investment in different domains in Sudan, urging the foreign investors to join the local businessmen in partnership especially in the war-affected areas.
He further added that work underway to attract funds from the regional and international funding institutions.
The Minister explained that the Sudanese economy achieved growth rate of 7%, adding that there will be a package of investment-encouragement policies regarding the investment in the war-affected areas.
Meanwhile, the forum was also addressed by the regional Manager of the World Bank, Isaac Dewayne, stressing importance of assisting Sudan by the businessmen and the donors in order to eradicate poverty.
He further called for opening investment opportunities in the fields of infrastructures as well as developing the rural areas. He also stressed the importance of peace, considering the investors as peacemakers.
(ST)