The Sudanese Minister of Investment at the Northern State Jaafar Abdul-Majeed has revealed that the amount of money invested in the state has reached 611 million dollars during the year 2013.
He pointed out, in a statement to the Sudan News Agency , to the existence of more than 22 foreign investment projects at the state, including four projects with local partnerships.
The Minister added that the total arable land in the state has reached 14 million acres, 4 million acres of them have been distributed to investors, explaining that the state is characterized with fertile land, water and electricity from Merowe Dam, which provides about 120 megawatts as well as availability of infrastructure such as roads, airports. Abdul-Majeed enumerated the wealth that abounds in the state, especially minerals, revealing existence of 11 minerals incluiding gold, and the state prepared a three investment axes in agriculture, industry and services.
The Minister reviewed the experience of the state in the investment attraction areas starting from the investment map, referring to the experience of mutual consent on the use of land in collaboration with the local citizens adopted by the state, calling on other states to take advantage of that experience.