Investment: Saudi Arabia, Egypt, and Turkey Propose Reconstruction Projects
The Ministry of Investment and International Cooperation has revealed that Saudi Arabia, Egypt, and Turkey have proposed reconstruction projects to rebuild what was destroyed by the war in Sudan.
Islam Salama, Director of the Promotion Department at the ministry, told Al-Muhaqiq news site that various government institutions are participating in programs aimed at identifying priority projects for the coming period.
He indicated that these programs focus on infrastructure projects and the rehabilitation of cities and villages affected by the war.
Salama expects a flow of reconstruction projects to all war-affected areas in the near future.
He confirmed the existence of development projects in collaboration with the Ministry of Finance, in addition to projects related to the energy sector. He also pointed to coordination with all relevant ministries regarding these projects.
Islam Salama revealed that two forums are planned for the upcoming phase:
The Sudanese-Egyptian Forum, which was rescheduled to June instead of April. A joint committee between the public and private sectors will be formed to prepare for the forum in Port Sudan.
He stated that “the projects presented at the Sudanese-Egyptian forum will be offered through both the private and public sectors.”
He added that the initiative proposed by Saudi Arabia focuses on developing the energy, electricity, and water sectors.
He continued, “The government will determine priority projects within the first six months.”
He emphasized that “these projects will be offered to well-established companies with significant expertise and financial capacity.”
The second forum, the Sudanese-Turkish Forum, will also be held in Port Sudan in the near future. It will present reconstruction projects in the fields of industry, free zones, logistics services for ports, and infrastructure rehabilitation.
Salama stressed that “investment opportunities are open to all countries and are not limited to specific nations.” He welcomed investment projects from all countries.
