Investment Forum in River Nile State at the End of January

The Governor of River Nile State, Mohamed Al-Badawi Abdel-Majid, announced the holding of an investment forum in the state on January 28-29.

The governor confirmed during a press briefing at the state’s government secretariat that investment is the shortest path to sustainable development. He pointed out that investment will drive the state’s economy. He revealed that both local and international delegations would participate in the forum. The forum will feature an exhibition and a documentary film showcasing investment opportunities and advantages, in addition to presenting working papers. The governor emphasized that the state is fully prepared to host the participants, providing them with accommodation, meals, and transportation. He also confirmed that steps have been taken to tighten control over the gold produced in the state and prevent its smuggling. “We will protect our products and will not allow anyone to sabotage them,” he added.

The governor mentioned that the state has identified its investment needs, stating, “We need solar energy manufacturing, fertilizer production, and leather industry.” He emphasized their focus on tourism investment, stating, “There are islands in the northern part of the state similar to the Maldives.” He mentioned plans to establish tourist villages and benefit from their revenues in hard currency.

He confirmed that the forum is a clear invitation for investment in services.

In turn, the Minister of Investment in River Nile State, Osman Abdel-Rahim Amara, stated that the state has a scientific investment map that defines available investment projects and opportunities. He mentioned that delegations will be visiting the state to introduce its tourist attractions.

Amara highlighted that River Nile State enjoys a strategic location with industrial, agricultural, and service investment resources. He pointed out that the forum will showcase the advantages of investing in the state. He also noted that the state has seen an investment boom, absorbing all investments affected by the war due to the security stability in the state and the available investment opportunities, emphasizing that the success of investment lies in promoting it.