China to Invest in Red Sea Free Zone
Sudan Events – Rehab Abdullah
The Director General of the Sudanese Free Zone and Free Shops Company, Abdulaziz Abu Bakr, asured a visiting Chinese technical team that there are major investment opportunities in the free zone.
He said
priority is to invest in infrastructure in the Red Sea Free Zone, including warehouses ranging in an area ranging from 1000 to 4000 square meters, open warehouses for display, and internal roads, addition to the actual need for a harbour at the free zone to link it with the port, about three kilometers off shores.
For their part, the Chinese technical team, represented by Chargé d’Affaires of the Chinese Embassy, the commercial advisor, the head of the Sudanese community in China, and some Chinese companies in the fields of electricity, and energy, praised the available investment opportunities and expressed their desire and willingness to invest in the infrastructure in Port Sudan Free Zone and all the opportunities available, commending its distinctive location and preferential features.
Meanwhile, Al-Sadiq Musa, Director of the Red Sea Free Zone, Mortada Mohamed Ismail, Director of the continental Free Zone, and Sayed Khojali, Director of the Company’s Executive Office, affirmed readiness of the Sudanese company for free zones and shops to facilitate all procedures and contracts with the required speed. Al-Sadiq revealed the presence of about (250) companies operating in the free zone in the Red Sea for different investment activities.
