Title: Sudan grants Egyptian farmers (100,000) Acres for investment
Author: SudaneseOnline News
Date: 12-08-2014, 02:56 PM
Khartoum-SudaneseOnline- Sudan’s Minister of Investment, Dr. Mustafa Osman Ismail, revealed on Sunday that about (100,000) acres in Sudan have been allocated for small-scale Egyptian farmers at the rate of 10 acres each
Following his meeting with Egyptian delegation headed by Counselor Ahmed Al-Fudali on Sunday, Ismail said that his country gives maximum priority to Egyptian investors in the Sudan, adding that the volume of Egyptian investments in the Sudan stands at US$3 billions and is expected to increase to US$11 billion during the forthcoming period.
He hoped that the Nile Valley Parliament between the two countries will be set-up soon, with its first task being to restore integration between the two sisterly countries and remove any obstacles hampering their progress.
for his part, Al-Fudali underlined the importance of giving the opportunity to Egyptian youth to invest in Sudan, affirming Egypt's full solidarity with Sudan to lift the unjust embargo imposed on its people, indicating Sudan's capability to challenge embargo by proceeding on the path of development.