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Sudan and UAE agree to build mammoth work

Sudan and UAE agree to build mammoth work

Khartoum, Dec 15 (Prensa Latina) Just when it needed it the most, Sudan signed an agreement with two companies from the United Arab Emirates (UAE) for the construction of a port adjacent to the Red Sea, official sources announced on Wednesday.

This mammoth project, worth six billion dollars, includes an industrial and an agricultural zone and an international airport and it will cover 400,000 acres, according to Sudanese Minister of Finance Gibril Ibrahim at the signing ceremony of the agreement between AD Ports Group and Invictus Investment.

The provisions of the agreement grant the construction consortium the right to develop, manage and operate the port and the economic assets in the zone, Emirati official sources informed.

The AD Ports Group belongs to an Emirati sovereign fund, whereas Invictus Investment is directed by Osama Daoud Abdellatif, Dal Group CEO, the largest conglomerate of the UAE, according to public sources.

Besides the jobs that the construction of this port will generate, the injection of fresh money will be very convenient for Sudanese military authorities due to constant popular protests calling for the return of soldiers to the barracks and the holding of general elections.

Some days ago, Sudanese military authorities reached an agreement with a coalition of political parties and professional guilds to establish a civilian government in order to call general elections. However, another opposition group, the Resistance Committees, challenged it.


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