Jaber Receives Recommendations from Nile River Investment Forum
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Sudan Events – Reports
The Governor of the Nile River State, Mohamed Al-Badawi Abdel-Majid Abu-Qoron, handed over the recommendations of the Nile River Investment and Industrial Forum in Atbara to Sovereignty Council member, Lieutenant General (Engineer, Naval) Advisor Ibrahim Jaber.
The recommendations emphasized the need for a unified investment law in Sudan, along with efforts to stabilize and maintain a flexible exchange rate. They called for encouraging agricultural investment by granting it preferential advantages and adopting BOT (Build-Operate-Transfer) systems and partnerships.
The forum also highlighted the importance of strengthening economic partnerships with friendly and brotherly nations and formulating investment policies tailored to each state’s comparative advantages. It urged leveraging intra-African trade while avoiding border trade. Additionally, it stressed the necessity of activating the Strategic Planning Council, addressing investor challenges, and improving national infrastructure quality.
The recommendations also called for balancing food security policies with production for export. They encouraged tourism investment in the Nile River State, particularly in hospitality facilities and resorts, and utilizing riverbanks to develop tourism sites. Moreover, the forum advocated for establishing industrial cities and investment zones to accommodate both foreign and domestic investments across the state’s localities.
Other key recommendations included completing the one-stop investment service at the Ministry of Investment in the Nile River State, utilizing Atbara Airport for imports and exports, enhancing free markets, and forming partnerships with foreign investors.