Issuance of More Than 1000 Investment Licenses in the Nile River State

The Minister of Investment, Industry, Tourism, and Mining of the Nile River State, Othman Abdelrahim Amara, announced that the state had issued more than 1000 investment licenses during the years 2023-2024.

The minister pointed out that the preferential, operational, and incentivizing features of the Nile River State have increased investor interest, highlighting many of the state’s advantages, such as its geographical location, security stability, transport facilities, proximity to major ports on the Red Sea, and its central location connecting several other states.

He clarified that external participation in the investment forum in the Nile River State, which will be held in the last week of this month, will enhance foreign investment opportunities, which will improve the quality of products to meet global standards.