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Sudan provides 100,000 acres of farmlands to Egypt

Farmlands have been reserved for interested Egyptian farmers at a rate of 10 acres each.
09.12.14 | Source: Star Africa

Sudan has agreed to allocate 100,000 acres of farmlands for the benefit of Egyptian investment in the country, a senior official of the government confirmed on Monday.

The Minister of Investment, Dr. Mustafa Osman Ismail, told reporters in Khartoum that farmlands have been reserved for interested Egyptian farmers at a rate of 10 acres each.

"Sudan gives maximum priority to Egyptian investors in the country," Ismail said in a joint press conference with Egypt’s investment counselor Ahmed El Fideili.

Fideili is at the head of an Egyptian delegation currently visiting Sudan where Egyptian investments currently stands at $3 billion and is expected to increase to $11 billion in the immediate future.

El Fideili underlined the importance of giving the opportunity to Egyptian youth to invest in Sudan.

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