Gezira state in Sudan has initiated a new phase in its economic recovery efforts by unveiling an investment map. This strategic move aims to go beyond merely identifying opportunities and projects, focusing on addressing one of the major obstacles to investment: land disputes and conflicting land ownership. The investment map is designed to provide a clear picture of available land and opportunities, reducing conflicts and legal complications.
The importance of this initiative lies in Gezira state's significant economic and productive potential. The state boasts vast agricultural land, human resources, and livestock, along with a prime geographical location. However, realizing this potential requires transitioning from merely presenting investment opportunities to creating a conducive environment for their implementation. A key aspect of this is reviewing land situations, identifying ownership, and resolving disputes.
The role of the Ministry of Finance, Economy, and Labor in Gezira state, led by Professor Attaf Mohammed Ibrahim Abu Shak, is crucial in this endeavor. The ministry is working to provide the necessary financial and economic components for the success of development and investment programs. This includes collaboration with the state governor, Professor Tahir Ibrahim Al-Khair, and the Investment and Industry Commission.
The investment map is expected to be translated into a clear executive program. This program will identify available projects and land, financial needs, and priorities, while simplifying procedures and providing necessary information and studies for investors. Gezira state is inviting investors, businessmen, and economic institutions in Sudan and abroad to capitalize on the opportunities presented.
The state is offering various opportunities in agriculture, livestock, manufacturing, trade, and services. The government is committed to providing necessary facilities through the investment window, simplifying procedures, and organizing information related to projects and available land. One of the key projects is the Green Port in Um Al-Qura locality, which offers a promising opportunity for establishing a major industrial city.
Gezira state's plan includes the establishment of eight new industrial cities and specialized projects in agricultural and livestock production. These projects are expected to create significant opportunities for investors in various sectors, including manufacturing, food, textiles, pharmaceuticals, and petrochemicals. The goal is to increase the value added to products, create jobs, and boost exports.
To finance these ambitious projects, Gezira state is looking to diversify funding sources through partnerships with the private sector, investment and sovereign funds, regional and international financial institutions, and direct foreign investment. The state invites Sudanese and international investors to participate in this economic renaissance, aiming to achieve sustainable economic and productive returns.
Key points
- Gezira state's investment map aims to provide a clear picture of available land and opportunities.
- The state is offering various investment opportunities in agriculture, livestock, manufacturing, trade, and services.
- The government is committed to providing necessary facilities and simplifying procedures for investors.