Envoy invites Pakistanis to invest in Sudan
Says embassy will provide all facilitation to interested businesses.
A one-window facility has been provided for the setting up of businesses in Sudan.
FAISALABAD:
Investment opportunities for Pakistani entrepreneurs are available in Sudan, where foreign investors enjoy equal rights as available to local businesspersons, Ambassador of Sudan in Pakistan alShafie Ahmed Mohamed said while addressing members of the Faisalabad Chamber of Commerce and Industry (FCCI) here on Wednesday.
Mohamed said that Sudan is rich in resources, particularly water, which is freely available for agriculture. The economic system is Shariah-based, and the entire banking sector offers interest-free services since 1980. A one-window facility has been provided for the setting up of businesses in Sudan, he said.
He invited Pakistani businesspersons to visit Sudan for themselves, and see the potential opportunities available over there. He promised that there are lots of opportunities for joint ventures and investment in agriculture, livestock and other areas. “Pakistan has a meagre portion in the entire business portfolio of Sudan, if compared to Chinese and Indian investors engaged there, and it is my mission to develop a stronger economic and business relationship with Pakistan,” he said. “We can work miracles with our mutual efforts,” he added.
He invited trade delegations from Faisalabad to Sudan, and said the Sudanese embassy would provide all possible assistance in arranging meaningful visits. He informed the gathering that the Khartoum International Trade Fair is held every year, in which a large number of local and international businesses participate. He also said that 90% of all consumer items are imported in Sudan, and Pakistan should increase its share in the country’s trade in this regard.
Speaking on the occasion, former FCCI president Mian Muhammad Adrees endorsed the invitation and said that Pakistani investors should avail the offer to enhance business and economic relations with the brotherly Islamic country.
Published in The Express Tribune, March 28th, 2013.
Like Business on Facebook to stay informed and join in the conversation.
Investment opportunities for Pakistani entrepreneurs are available in Sudan, where foreign investors enjoy equal rights as available to local businesspersons, Ambassador of Sudan in Pakistan alShafie Ahmed Mohamed said while addressing members of the Faisalabad Chamber of Commerce and Industry (FCCI) here on Wednesday.
Mohamed said that Sudan is rich in resources, particularly water, which is freely available for agriculture. The economic system is Shariah-based, and the entire banking sector offers interest-free services since 1980. A one-window facility has been provided for the setting up of businesses in Sudan, he said.
He invited Pakistani businesspersons to visit Sudan for themselves, and see the potential opportunities available over there. He promised that there are lots of opportunities for joint ventures and investment in agriculture, livestock and other areas. “Pakistan has a meagre portion in the entire business portfolio of Sudan, if compared to Chinese and Indian investors engaged there, and it is my mission to develop a stronger economic and business relationship with Pakistan,” he said. “We can work miracles with our mutual efforts,” he added.
He invited trade delegations from Faisalabad to Sudan, and said the Sudanese embassy would provide all possible assistance in arranging meaningful visits. He informed the gathering that the Khartoum International Trade Fair is held every year, in which a large number of local and international businesses participate. He also said that 90% of all consumer items are imported in Sudan, and Pakistan should increase its share in the country’s trade in this regard.
Speaking on the occasion, former FCCI president Mian Muhammad Adrees endorsed the invitation and said that Pakistani investors should avail the offer to enhance business and economic relations with the brotherly Islamic country.
Published in The Express Tribune, March 28th, 2013.
Like Business on Facebook to stay informed and join in the conversation.