New Plan to Activate Investment in the States

Kassala- Sudanhorizon
The National Investment Authority has revealed an ambitious plan to activate investment in the states. The Acting Secretary-General of the National Investment Authority, Ahlam Mahdi Sabeel, affirmed the government keenness to see investment moving to the various states of the country.
This came during her address today at the 3rd Investment Forum in Kassala State, under the slogan “A Generous State and Promising Investment Opportunities,” in the presence of Sovereign Council member Dr. Nawara Abu Mohammed, the State Governor, and a number of State Governors.
The Acting Secretary-General explained that the National Investment Authority has developed an ambitious plan to activate investment in the states.
She noted that the forum was preceded by numerous forums, including Gadaref and River Nile states.
She said the coming investment forum will take place next October in Blue Nile State.
She explained that the investment forums aim to enhance investment, attract investors, and promote investment opportunities in the states. Sabeel revealed that the National Investment Authority is continuing to organize these events despite the war situation. She also revealed that the Authority has worked to update laws and regulations to protect investors’ rights and define their obligations, while granting states broad powers, including exemptions, to facilitate investment attraction.
She expressed her hope that the forum will come up with recommendations that fall within the framework of the plan for which the forum was held, which is to improve investment opportunities in the states, preserve the country’s gains, and exploit available capabilities to attract investors.
Ahlam indicated that the National Investment Authority is currently working to improve the investment environment in the states by reviewing the prevailing Law for 2021-2025. Some provisions have been amended, such as defining the relationship between the federal government and the States, securing the required guarantees to investors, protecting the investment project, and issuing the general regulations in cooperation with relevant authorities, while preserving the public interest.

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