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Invest in Sudan
INVESTMENT
To attract foreign investment, Sudan offers a lot of advantages. It is ranked second among the most attractive countries for investment in Africa and third in the Arab region. Recognizing the importance of investment to boost the economy and achieve direct development, the government in 2002 set up the Ministry of Investment. The 2013 Sudanese Investment Law is one of the best investment laws in the region.
THE LAW PROVIDES:
Non-discriminatory treatment of investment capital, whether public, private, cooperative or multi-sector.
Investment projects enjoy all the privileges and have all the guarantees: not to be nationalized, confiscated or expropriated except by law and against compensation.
Project money will not be confiscated or frozen, except through a court order.
The investor has the right to transfer his money, in case the project has not been implemented, to transfer the profits, to finance the costs of importing raw materials and exporting the products .
The project is also exempt from corporate profit tax for a period of at least 10 years, and a piece of land can be donated or sold at a favorable price for the project, as well as personalized benefits for automobiles.
WHY INVEST IN SUDAN? :
Sudan is one of the countries which attracts foreign investors. The following factors encourage the investment process:
Ease
The stability of the political, security, socio-economic and legal situations, given that a stable policy provides a favorable climate for investment.
Clear socio-economic and political plans set out in the National Strategy for 2005-2029 and the gradual application of development programs.
The adoption of a new concept to encourage foreign investment and the state tends towards free economy and privatization in all sectors to initiate and encourage private sector participation in socio-economic development
Simplification of investment procedures, provision of existing facilities, guaranteed benefits for investors and invested capital.
Flexibility with foreign currencies, pricing policies, and the removal of obstacles hindering the smooth running of internal or external trade.
The presence of national resources, cultivable land, water resources, climate diversity, animal resources, and vast natural pastures, added to minerals, petroleum, and other resources that are yet to be exploited.
Great opportunities for investment in agriculture, industry, mining and economic services like transport, storage infrastructure.
The availability of qualified executives in agriculture, industry, mining, and economic services.
The presence of a well-established banking system and banking services extending throughout the country, in addition to specialized banks to accelerate investment and development in various sectors.
Its unique location in the African continent, places Sudan in a central position for the supply of goods and services to neighboring markets.
