Riyadh-Amlak
The Saudi-Sudanese Economic Forum, organized by the Council of Saudi Chambers from 13-14 April in cooperation with the Sudanese Employers Federation, concluded its work under the patronage and participation of the Minister of Agriculture Dr. Fahad bin Abdulrahman Balghunaim, where workshops were held to discuss the federal and state projects offered by the Sudanese side to the Saudi business sector, which included agricultural, mining, industrial and service projects.

The Sudanese side presented during the forum, headed by the Minister of Investment Dr. Mustafa Osman Ismail, a package of 356 investment projects with an estimated cost of about 30 billion dollars, at the forefront of these projects are 117 projects in the agricultural sector with an area of 8 million acres full of services, in the industrial sector 76 projects, in the economic services sector 147 projects, and in the oil and mineral sectors 16 projects.
The forum witnessed the launch of major investment companies, the most important of which was the establishment of a Saudi-Sudanese company for the production and breeding of poultry with a capital of 30 million dollars, with equal shares between the Saudi and Sudanese sides, and an agreement was signed between the Sudanese state of River Nile and the Tariq Al-Qahtani Group and his brothers, to establish a company working in the field of providing agricultural equipment and establishing a village for exports, as well as establishing a special unit for meat production and providing areas for agricultural production.

The Sudanese side focused in its discussions on the advantages enjoyed by Sudan, especially in the field of food security, in addition to its investment components that encourage investors to take advantage of them in establishing projects that would serve the interest of the two countries, especially in light of the food crisis that the Arab world suffers in particular and the world in general. The Sudanese side also noted the steps taken to simplify the procedures related to investment through the “single window” policy in order to save time and effort. While the investment opportunities offered were characterized by diversity in different fields that differ from one state to another, the most prominent opportunities in the industrial sector were cement, sugar and edible oils, while opportunities in the mining sector included gold, copper, iron, marble, lead, zinc, black sand, manganese and uranium, and opportunities in the tourism sector included the establishment of hotels and resorts. The tourism sector in the establishment of hotels, resorts and fishing trips, in addition to the opportunities of the agriculture and livestock sector, which is the most acquired because Sudan has vast agricultural areas that produce various types of grains and horticultural activity, as well as the huge livestock wealth estimated in millions, including cows, sheep, goats and camels.