The President of the Arab Contractors Union, Fahad Mohammed Al-Hammadi, launched the first Arab contracting company to go public with a value of one million dollars to install telephone towers, and all companies affiliated with the Arab Contractors Union have the right to apply for work in accordance with the conditions and regulations organizing the work.

200 thousand companies under the umbrella of the Union

<Al-Hammadi revealed during the activities of the Construction and Infrastructure Projects Forum held in the Sudanese capital Khartoum yesterday, organized by the Sudanese Contractors Union in cooperation with the Arab Contractors Union in the presence of representatives of unions and unions of contractors from 11 Arab countries, that the Arab Contractors Union includes about 200 thousand companies, including six Arab companies that were included in the international classification of contracting companies out of 225 companies classified globally, Al-Hammadi stressed that the Union is ready to implement joint Arab projects and reduce unemployment rates that statistics prove will rise to between 75 to 80 million unemployed.

Finding financing solutions for the contracting sector

<Al-Hammadi called for the need to find financing solutions to address stalled projects, as between 60 to 72% of Arab contracting companies suffer from a lack of liquidity, calling for finding solutions to encourage Arab industries used in the contracting sector, and pointed out the importance of such forums that enhance communication between companies in the sector and exchange experiences that positively affect the course of development and development of Arab industry and increase the per capita income rate and raise the Arab national product, and expressed his hope that the forum will lead to good results leading to new partnerships between companies so that the sector can resist the economic changes that have hit a number of cup

Investment in infrastructure in Sudan

The President of the Arab Contractors Union noted the importance of holding the forum in light of the great interest of Sudan, which is witnessing increasing development projects that provide good opportunities for investors, especially Arabs, and these available opportunities constitute an important building block in building the private sector that contributes to strengthening infrastructure, as the growth of this sector reflected positively on providing new job opportunities and reflected on all economic, social and security aspects.

He added that Sudan has factors to invest in infrastructure in Sudan. He added that Sudan has the success factors of labor, natural resources, political stability and security, all of which are encouraging to attract investments that also need a legal and procedural environment that facilitates the fulfillment of the requirements of the foreign investor who is interested in clear, fast and stable procedures.

Sudanese government support for the sector

The First Vice President of the Sudanese Republic, Bakri Hassan Saleh, emphasized the support of the contracting and construction sector at the highest levels, indicating that this forum is in line with the general policies of the state, and its importance comes as it contributes to creating greater investment opportunities, stressing the state's readiness to take all measures to support and stimulate investment, especially the construction sector.

For his part, the President of the Sudanese Construction Federation said. For his part, the President of the Sudanese Contractors Union, Engineer Consultant Malik Dangla, said that the organization of the forum comes amid desires from the Arab Contractors Union and partners to respond to the objectives that the Union seeks to achieve with the support of partners in Sudan and abroad, and to establish a solid base for infrastructure to create a business environment to serve as a catalyst for the movement of other economic sectors.