Saudi ministers to discuss investment opportunities in Sudan
May 19, 2008 (KHARTOUM) — Saudi ministers of Agriculture, Trade and Industry, will pay a visit to the Sudan next Saturday to discuss investment opportunities in the country.
The Director of International Cooperation Department, at the ministry of agriculture and Forestry, Mohamed Hassan Jubara said that the Saudi ministers will discuss investments in agriculture, livestock and fish.
They also will benefit from the experience of Sudan in the areas of agricultural and trade, the Sudanese official said.
He added that the number of Saudi projects in the country amounted to 341 projects of which 120 are service projects, 107 industrial projects and 22 agricultural projects.
The total funding of this Saudi projects amounted to 3,4 billion U.S. dollars, Jubara said.
Sudanese exports to Saudi Arabia last year reached 78,2 million USD and included Arabic gum, sesame, peanuts, live animals, meat and leather, while imports from Saudi Arabia amounted 501,5 million USD and included food, beverage, petroleum products, raw materials, chemicals and other manufactured goods, including dairy equipment and transport and textiles.
(ST)