The Saudi Minister of Environment, Water and Agriculture Abdurrahman bin Abdulmohsen has confirmed the Kingdom’s desire to cooperate and boost trade, economic and development relations with Sudan.
Sudan’s official economic sector, during the Saudi-Sudanese Investment Forum which kicked off in Khartoum on Sunday, proposed six main areas viable for Saudi investments. They included energy, electricity, mining, transport and communication, fishery, and railways sectors.
The Sudanese government has worked to remove all difficulties facing foreign investors with its investment ministry making great strides in unifying investment procedures through the establishment of a single window.
The Sudanese government was seeking to promote investment and encourage the private sector in a bid to establish an infrastructure that is conducive to attracting foreign investments.
Abdulmohsen expressed Saudi Arabia’s readiness to enhance economic and commercial ties and investment with Sudan in a manner that benefits both countries.
He referred to directives by the Saudi government to discuss investment opportunities in Sudan in the fields of energy, infrastructure, agriculture, and telecommunication.
Sudanese Agriculture Minister Eltahir Harbi reaffirmed that Saudi Arabia has given his country great support during the transition period it is currently undergoing. The Kingdom has also contributed to removing Sudan off the list of state sponsors of terrorism and lifting it from economic isolation.
Saudi Arabia has also helped Sudan get a loan of $3 billion.
Harbi stressed that Saudi investments in Sudan are thriving, especially in the areas of rain-fed agriculture, animal production and forestry.
He pointed out that the forum contributes to strengthening relations to help expand investment and development cooperation between the two countries.
According to Harbi, this has helped the governments of the two countries respond to the needs of the region and neighboring markets considering food shortages, climate change factors, and the outbreak of the coronavirus pandemic.
