Wednesday 28 June 2017

Investment in Sudan amounts to 4.1 bln USD in 2016: report

Investment in Sudan amounts to 4.1 bln USD in 2016: report
(Xinhuanet 04/19/17)
Investment in Sudan amounts to 4.1 bln USD in 2016: report

Investment in Sudan amounted to 4.1 billion U.S. dollars in 2016, official SUNA news agency reported Tuesday.

"Altogether 2,604 projects were approved during 2016 in sectors of agriculture, industry and service, with investment volume hitting 4.1 billion dollars," said the agency quoting a government report.

The number of countries investing in Sudan jumped from 24 in 2015 to 27 in 2016, it added.

The Arab investments took up 80 percent of the approved projects in Sudan, followed by 13 percent from Asia and 5 percent from Europe.

According to the report, Saudi Arabia topped the Arab countries investing in Sudan in terms of number and size of investments, while China ranked the first in the Asian investments.

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