Current Date:

Friday, 20 October 2017

Forum on Lifting of Economic Sanctions Impact

Khartoum -The general secretary of Industrial Chamber Abbas Ali Al Saed has appealed to good plan

, strategy and active mechanism to go sideline with economic development in the country.
Abbas has attributed the deterioration of economy since 1997 to the economic sanctions which paralyzed the business activity in Sudan alongside the exit of oil from the budget, oil has occupied %80 of the public budget before the secession of South Sudan in 2011. He shouldered the media responsibility of listing Sudan among countries that sponsoring terrorism.
The infrastructure has been affected, education, health and electricity, now situations have changed to good, the industrial sector has planned to promote industry in Sudan by funding the private sector development projects.
The general secretary has criticized the policy of enabling foreign companies to own some factories the move that affected the national business activities.
“The foreign investment focused on restaurants and bricks manufacturing, we need real investment, and this type can be done by local communities” stated the general secretary while he was briefing Sudan Vision reporters in its periodical forum last week. He also appealed to qualification of crops stock markets in El-Obied and Gedaref, pointed out that micro industry represents 93% which requires support to stimulate economic development process, in addition to this demanded for facilitating the mission of industry to overcome challenges such smuggling of goods like gold, Gum Arabic and others to the neighboring countries.