Investment Authority Secretary-General to Justice Minister: “There Is No Investment Without Legal Security”

Khartoum – Sudanhorizon

The Secretary-General of the Investment and Labour Authority, Ahlam Sabil, met with Justice Minister Abdullah Darf at the Ministry of Justice headquarters on Sunday to discuss legal issues related to investment.

According to the Investment Authority’s media office, the meeting aimed to provide a briefing on the latest draft of the Investment Law and the Authority’s institutional structure, strengthen coordination between the Authority and the Ministry of Justice, and discuss ways to develop a legal environment conducive to investment.

During the meeting, Ahlam Sabil presented an overview of the draft law, calling for it to be refined and its loopholes addressed, particularly those relating to overlapping jurisdictions with state-level laws. She also stressed the need to provide investors with additional guarantees.

Sabil said that the reconstruction and rebuilding phase requires a law that is more flexible, robust, and competitive at both regional and international levels. She added, “We count on the Ministry of Justice as a key partner in creating a favourable investment climate. There is no investment without legal security.”

The Secretary-General praised the Ministry of Justice for assisting the Authority in drafting a flexible investment law that meets investors’ aspirations.

At the conclusion of the meeting, both sides affirmed their commitment to continuing joint efforts to enact a new investment law that fulfils the state’s ambitions to attract investment.

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