About us
The
Investment Authority was established by a
decision of the Council of Ministers as the organ responsible for setting up advertising
and publicity campaign for investment in Sudan. It is also put in charge of
creating an ideal investment climate that
attracts
national, Arab and foreign capitals in the Sudan and eliminate all obstacles
that might hinder them . Besides
all that, it is the organ that draws encouraging investment policies, simplify
procedures for investors, issue licenses of investment projects and the relevant
facilities and guarantees in addition to follow up of the actual execution of
the proposed projects, prepare investment maps and save the investors the
trouble of data collecting by providing them with all the necessary information
and data. The
Authority shall also follow up all the procedures of the investment license at
the various government circles on behalf of the investor.
The
Investment Authority enjoys close relations and jointly co-operate with local,
regional and international corporations and organizations concerned with
investment such as: The
Arab Organization for Investment Guarantee, The United Nations Industrial
Development Organization (UNIDO), The International Investment Guarantee Agency
and other Arab , Islamic, African
and international organizations in which Sudan is a
member.
The
Investment Authority enjoys close relations and jointly co-operate with local,
regional and international corporations and organizations concerned with
investment such as:
The
Arab Organization for Investment Guarantee, The United Nations Industrial
Development Organization (UNIDO), The International Investment Guarantee Agency
and other Arab , Islamic, African
and international organizations in which Sudan is a
member.
By
virtue of being one of the largest areas of untapped resources in the world, the
Sudan has always drawn remarkable interest. It has extensive agricultural land
and water resources a diverse potential of mineral wealth
Location
Sudan
is the heart of Africa. It is the largest country in Africa and the second for
Arabian countries, after Saudi Arabia, and is ranked 10th in size in the world.
Sudan is surrounded by eight countries. Sudan borders Chad and the Central
African Republic in the west, Zaire, Uganda and Kenya in the south, Eritrea and
Ethiopia in the east. It is also close to Saudi Arabia across the Red Sea and
borders Egypt and Libya to the north.
Sudan
is almost dissected into two by the River Nile that runs from south to north of
the country. The River Nile derived mainly from the Blue Nile which originated
from Lake Tana in Ethiopia, and the White Nile coming from Lake Victoria and its
catchments originating from Kenya , Uganda and Tanzania. The two rivers meet at
Khartoum (the capital) almost at the middle of Sudan forming the Main Nile
passing through two states of northern Sudan to Egypt. The River Nile water is
considered as one of the fresh and sweet waters in the world.</
Khartoum
the capital is divided into three towns, Khartoum, Khartoum north and Omdurman
linked with five bridges across the Niles
Climate
:
The
climate is continental ranging from desert, to me deter anian to Savannah to
equatorial with temp-ranging bet 30- 460 .
Type
of government
Since
acquiring independence in 1956,. Sudan has gone through seven political regimes
both civilian and military. Now it is state government divided Sudan into 26
states.
Culture
Beyond
its economic potential, the culture and location of Sudan are also of
significant merit: it is an African nation with ethnic African cultures bounded
by a predominantly Islamic culture
The
majority of the nation shares a common culture that is derived from the
influence of Islamic religion and country’s unique background Sudanese share a
common national interest in local music, poetry, and customs that emphasize
family cohesion.
Arabic
language serves as the official language and English is also widely spoken.
Several of the major tribes in the country also maintain indigenous dialects.
Natural
Resources
60%
of Sudan area is arable land with 10 % pasture land, the rest are forests and
mountains and others. A huge number of livestock of about 116 million including
sheep, cattle, goat and camels, feed on natural pasture Ground water is
available in a huge amount in addition to water falls and rivers . (including
the Blue Nile, White Nile, Atbra, Rahad, and other small rivers and khors).
Tourism
Historically,
Sudan got old civilizations, Marawi kingdom in the north and Sennar kingdom in
the middle comprising tourism spots and including pyramids in the north Sudan
has six cataracts starting in Khartoum up words to the north.
The
junction of the two Niles at Khartoum reflecting impressive view.
The country is rich with wild life in western, southern parts and east southern
parts of Sudan. The Dinder National park the biggest in Africa neighboring
Ethiopia.
Economic
indicators
-
Total Area: 2.5 million sq. kms.
-
Total pop: 24,9 million (1993 statistics).
-
Pop. Of Khartoum (the capital) 6 million (1993 statistics).
-
80% of the total pop. work in agriculture (1997 statistics )
-
Agric. contributes 49,7 % of the GDP (1998).
-
Industry and mining contributes 8,1 % of the GDP (1998).
-
services government and other services: 26,3 % of the GDP (1998)
-
Exchange rate 1 u$ = 250 Sudanese Dinar.
-
Inflation rate now is decreasing due to economic reform policies.
Sudan
exports
Sudan
exports are mainly agricultural and agricultural processed goods, including
cotton, cotton yarns, cotton waste, gum Arabic raw and semi processed, guar gum,
Lubban, sesame seeds, groundnuts, sunflower edible oils, sorghum, oil cakes.
They
also include livestock meat and semi-processed leather.
Gold,
mica, marble, and chromium are also exported.
Fresh
vegetables (green beans), onion, garlic, beans and spices (all over the year).
Fruit
(Mango, Guava, Lemon Banana, Dates, Gallia melon etc.) all over the year.
-
Medicinal herbs (senna pods, henna ....... etc.).
-
Hibiscus flowers, melon seeds.
-
Sugar and molasses.
Free
zone areas
Under
the free zone and markets corporation Act 1994, two free zones areas were
declared, the first one is at Swakin in Red Sea coast of
600
sq.Km and construction started in the first phase.
The
activities in the free zone area include industry trade, banking system,
economic services and others.
-
The second area at north Khartoum at Elgeli.
-
Bonded warehouses are allowed in all parts of the country.
Mining
Sudan
has a vast natural deposits that have not been exploited, mineral deposits which
had been discovered in different parts are waiting for local and foreign
investment. Mineral deposits include gold, silver, iron ore, chromite, mica,
silica, gypsum, granite, marble, clay, manganese trauma (costic soda)
talc and limestone, copper, zinc, cement production etc. Three investment
projects working in mining of gold and copper.
Sudan
Oil production : self sufficiency & export in 1999
Oil
exploration started in Sudan in late fifties and in seventies oil was discovered
in Sudan. After the withdrawal of chevron overseas many other international
companies started oil exploration in Sudan specially after 1992. Now there are
many companies working in exploration and productions and construction of pipe
lines.
Oil
deposits till now is estimated by two billion barrels.
companies
working in oil development:
1.
The Canadian Arakis Energy Corporation , and International Petroleum
of
Canada (IPC).
2.
Malazian petronas oil company .
3.
China National Petroleum.
4.
Qatar National petroleum.
5.
Sudanese National petroleum.
A consortium
of companies from different parts of the world have already invested in the
longest pipe line from Southern Sudan to Bashair port in the Red Sea (1610 km)
investing over million dollars in that line.
Also
two oil refineries have been built in western Sudan and north of the capital
Khartoum with a capacity of two and a half million ton per year costing 640
million dollars.
Investment
in Agriculture:
Total
arable land is about 200 million feddan (4200 sqm) and only 30
million
feddan is cultivated.
Investment
needed welcomed in:
1.
wheat production.
2.
Sorghum (Durra).
3.
Oil seeds (sesame, groundnut, sunflower).
4.
Fruits (mango, banana, Juava, lemon, strawberry, pineapple (ananas); grapefruit.
5.
Vegetables (tomato, through out the year and 9 months in the central regions, green beans,
okra, cucumber, potatoes, onion, garlic, spices, legumes, lentils.
6.
Beekeeping to produce honey .
7.
organic fruits and vegetables (alluvial soil along the Nile Banks and deltas of
wadis - Toker, El Gash etc), makes the soil fertility very high and makes very
big potentiality for production of organic fruits and vegetables to meet the
rapid growing demand which will reach 10 % of European food consumption within
the coming 10 years.
Livestock:
50
million feddan of pasture land in addition to crop residue and oil cakes make
cost of feeding very cheap.116 million heads of cattle, sheep, goats and camels
producing only 3 million tons of milk and less than one million ton of meat.
Also Sudan is very rich in wild life and there are investment opportunities for
modern farms for ostriches, antelopes, crocodiles etc.
Investment
is welcomed in:
1.
Modern farms to fatten and produce meat, milk, wool etc .
2.
Slaughter houses to export meat.
3.
Milk factories, to provide fresh milk, milk products for local and export.
4.
Investment in transport facilities for life animal and refrigerated means for
meat and milk products.
5.Fisheries
(Nile perch) in the Nile, lake Nubia, Red Sea .
6.
Poultry.
7.
Animal fodder.
8.
Drugs and vaccins.
9.
Improvement of quality of the natural herds by introducing new breeds
crossbreeding to improve milk and meat production.
Energy:
potentiality:
One
of the bottlenecks in Sudan is shortage of energy as fuel for all uses and
electricity. River Nile with many cataracts and waterfalls, strong winds,
agricultural by -products, sun, forests covering 200 million feddans, all these
sources give excellent opportunity for investment in those areas:
1.
Petrol and gas production.
2.
Hydro electric projects (micro, small and big)
3.
Solar energy for lighting, heating, irrigation wind power for irrigation
4.
Wind power for irrigation
5.
Water turbines for irrigation from the Nile.
6.
Biomass.
7.
Charcoal from agricultural by-products.
8.
Coal.
Fields
for investment in Industry
The
biggest investments in Sudan was in edible oil with capacity of 600 thousand
tons, soap, textile and sugar industry and the share of industry is 8,1% in GDP
(1998).
1.
Joint venture in rehabilitation of (edible oil mills, leather industry, textile
etc.. ).
2.
New sugar factories 3. Oil productions (petrol and gas)
4.
petrochemical 5. Fertilizers: urea (demand 500.000 tons)
6.
Tomato paste & syrup (9 months tomato season)
7.
Fruit juice & concentrates, dried fruits : mango, juava, lemon, grapes,
papaya, dates, strawberry, and pineapples.
8.
Yeast (from sugar by products, dates)
9.
Leather products10. Dehulling of sesame seed.
11.
Spray dry for gum Arabic and guar gum.
12.
Packing industry: cardboard, plastic, glass and sacks for grains.
13.
paper industry: from dates tree, agricultural by products and forests.
14.
compressed earth brick machines15. pharmaceutical products and medical
equipments.