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Environment in Sudan at a Glance
2014-02-02 00:00:00

Environment in Sudan at a Glance

Sudan’s Ministry of Foreign paid attention to the environmental issues at all levels locally, regionally and internationally such serious consideration reflected in the establishment of specialized Department for the environmental affair. The challenges of the environment and its impacts are serious, and increasingly complex.Sudan believes that the environmental issues should be treated through concerted efforts of the international community to save our planet and ensure benefits for current and future generations.A new concept has emerged linking closely the climate change impacts and the ،...

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     Rural Woman Empowerment and her Role in Poverty Reduction  Promotion and Present Challenge
2014-02-03 00:00:00

Rural Woman Empowerment and her Role in Poverty Reduction Promotion and Present Challenge

Background: Sudan  enjoys  a  strategic  location  in  the  center  of  the  African  continent.  It  shares geographical Location with seven countries of North, East, West and central Africa with total land area of 1,882,000 million km square  (250 million hectare). Current  estimates  put  the  population  at  excess  of  30,419,625  million  (North  Sudan)  , female 14.796  million  with  annual  growth  rate  estimated  at ،...

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Women Empowerment   Policy
2014-02-03 00:00:00

Women Empowerment Policy

Introducti          In the context of the aspirations of the Sudan, in light of current processes of  transformation  currently  underway  in the  Sudan,  and  in consideration  the  significant  contribution  to  the  social  and  economic development  of  the  Sudan  by  Sudanese  women  in  recent  decades; there is a better understanding of the concept of empowering women within  a  framework  of  realizing ،...

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Two Areas
2014-02-04 00:00:00

Two Areas

   A Tale of Two States The Agreement on South Kordofan and Blue Nile States and the Path of Implementation and the Recent Security DevelopmentsThis paper aims to clarify and illustrate the situation of Southern Kordofan and Blue Nile states in the Comprehensive Peace Agreement, from its inclusion in the agreement up to the current situation. We have summarized the agreement in the points below. The entire agreement is published and available for those who wish to obtain further details. Important points in the Agreement- Negotiations with the SPLM covered the two states, although th،...

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Abyei
2014-02-05 00:00:00

Abyei

Protocol between the Government of Sudan and SPLM/A on the Resolution of Abyei ConflictAbyei Area Referendum ACT 2009How the Abyei experts exceeded their mandate Arbitration Agreement between The Government of Sudan and The Sudan People’s Liberation Movement on Delimiting Abyei Area Agreement Of Temporary Arrangements For Administration And Security Of The Abyie Area.Agreement Between The Government of Sudan And The UN Concerning The Status of The UNISFA . AUHIP Proposals Towards a Resolution of The Issue of AbyeiAUHIP TFA Proposal Final Sudan Legal Note 27.12 LASTThe Republic of Sudan ،...

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Home » Sudanese Panorama » Investment in sudan

Investment in Sudan

    • Of the major factors which represent an attraction to investors are the following :
    • 1- Sudan’ s strategic location
      which represents an entrance to Africa from the east and the fact that it is neighbored by African countries a few to which Sudan represents to the only sea outlet. The location on the Red Sea makes Sudan the centre of international markets; Middle East, Far East, Asia, Europe, and the USA as well as the recipient of ships crossing the into the Red Sea through the Suez Canal. Sudan is tied to some of the neighboring countries by airlines, roads, sea, and river transport.
    • 2- Sudan’ s rich resources
      these include agricultural land and fresh water resources, such as rivers, rain, and under ground water. These are in addition to forests, meadows, animal resources and mineral resources which include petroleum, gold and other precious metals. Sudan is characterized by the availability of human resources represented in vocational labor, highly skilled graduates and very cheap rates for the available labor. ’ s monopoly of certain
    • 3- Infrastructure and Service Facilities
       - The infrastructure and service facilities are updateable in the light of the government policies. - To enhance the investment environment and keep up with the expected growth which is due after the discovery of petroleum and the establishment of peace in Sudan, the establishment of roads, railways, seaports, airports (national and international), telecommunications, electricity generation stations, water purification facilities, sanitation networks and others are very important. - A shift towards the enhancing the state of industrial areas, and building new industrial cities supplied with all the services necessary for investment are essential. -The availability of free zones in Suakin and El-Jaili cities grant encouraging exemptions to investors. -The availability of a banking sector, insurance sector, auditing, financial, technical and legal consultancy services. -The availability of educational and health facilities of high standard which contribute to providing necessary services to citizens and expatriates. -The availability of a modern construction sector which contributed to the abundance of houses, and offices rising to fulfill investors’  requirements. 
    • 4- Political stability
       which is represented in the federal governing system which divided the country into 3 levels; the Federal, State and local levels and which guarantees participation by all citizens. - The country is run by a central government from the national capital Khartoum. -The country is divided into 26 states, each with its own government -The government looks forward to solving the problem of the south to establish stability and security in the southern states and the entire county. -Sudan is also characterized by its independent judicial system which is capable of resolving all conflicts. Sudanese judicial and legislative systems are characterized by indiscrimination among Sudanese citizens and foreigners 
    • 5-Economic policies which include
       - Liberalizing the economy- Restructuring the economy (privatization of public corporations ending the State ‘ s monopoly of certain production and service fields).- Modernization of laws and regulations of investment encouragement- Implementing a flexible investment law which provides all sorts of exemptions and concessions which include the following :• complete exemption from customs fees for capital projects• freedom of capital transfer• simplify procedures through a single outlet “One Stop Shop”• grant exemptions from profit taxes of 5 to 10 years for investment projects• grant customs exemptions for strategic projects and non-strategic capital goods• strategic projects are given the necessary land free-of-charge• non-strategic projects are given land at an encouragement price• the investor has the right to operate without a Sudanese partner 
    • The investment law has provided the following fundamental guarantees :
       • no confiscation of property will occur except through the legal system and after payment of a reasonable compensation• the investor has the right to re-transfer the capital in case the project isn’ t executed or is liquidated• transfer of profits and costs of finance will be executed in the currency of import and on the date due (after payment of the legal duties)• the project is automatically included in the registry of importers and exporters.
    • Regional and international agreements
      to promote the investment climate the Sudanese government has established number of regional agreements aimed at encouraging investment and creating trade opportunities with other nations:• Sudan joined the COMESA trade bloc• Sudan is looking forward to joining the World Trade Organization• Sudan is attempting to join the Arab Free Trade Organization in 2007• Sudan has strengthened relations with regional and international organizations and corps related to investment
    • Investment services
      Dear Investor :We at the investors’  services administration work to serve and protect you and facilitate your tasks with the accuracy and speed required…. We request that you consider the following:1.Come by yourself to invest; supervise the project and get consultancies from specialists in investment2.Do not sell the project, change its activities or sell its equipment until after completion and operation3.Always consider reading the investment law and its executive rules and the basis and regulations which organize investment to advance with the investment process and play your role in the countries economic development4.Your constant updating of the ministry through progress reports on the execution of the project, places you in the category of special projects and extends cooperation between you and the Ministry of Investment. 
    • Procedural steps for investment transactions
       Application for a new license1.Provide 2 copies of the technical and economic feasibility studies 2.A copy of the company registration and a certificate of establishment if the owner is a specified company3.Fill in the form prepared for that purpose after paying an application fee of 15,800 dinars (fifteen thousand eight hundred dinars)4.Pay the application fee5.The study is then transferred to the concerned ministry to obtain the technical agreement for establishment of the project6.Issue a primary consent to the project7.Register a name for the project with the Delegate Commercial Registrar in the Ministry of Investment8.Issue a final license for the project acceding with followed rules9.Please submit an agency agreement authorized by a lawyer if the project is to be supervised by someone other than the owner or in the case of companies 
    • Application for Activity Change
       Firstly: the conditions1. the new activity must be an encouraged activity2. no planning, environmental or health impediment should existSecond: required documents1. a copy of the license for the first activity2. a copy of the business name3. a valid ownership certificate or rental contract4. application to the administrationThird: the procedures1. payment of the application fees2. the application is transferred to the specialized sector for analysis3. after the consent is issued a new business name should be registered for the new activity at the Delegate Commercial Registrars department.4. the license of the new activity is issued after payment of required legal fees 
    • Addition of a production line to an existing project
       - First: the conditions1. the main line must be readily executed and is working in an acceptable manner2. the availability of a suitable area for the new line3. the new should not oppose the old line in any technical or planning manner- Second: required documents1. a copy of the license granted to the first line2. a copy of the business name3. an ownership certificate or rental contract- Third: procedures1. payment of the application fees2. obtain approval from the concerned technical party3. transfer the application to the concerned sector for examination, issue consent and then transfer the consent to the Commercial Registrar to add a new line to the original business name4. Issue a license or decision after payment of the required fees 
    • Transfer of ownership
       - First : the conditions1. execution of the project to a reasonable extent not less than 60% of the required structures2. it is not possible to transfer empty land granted in accordance with the investment encouragement act- Second : required documents1. submit a valid ownership certificate of the transferred project2. a copy of the projects license3. a copy of the business registration4. a primary concession contract from a recognized legal body5. an application to the ministry for acceptance of the concession- Third : procedures1. payment of application fees2. transfer of the application to the specialized sector for examination3. a field visit to the project by the monitoring department and preparation of a report explaining the execution of the project4. the application will be transferred to the ministry’ s legal consultant to ascertain the legality of the proceeding5.consideration of the application in agreement or disagreement; incase of agreement the project is registered with the Delegate Commercial Registrar in the ministry6. issue a final license to the owner and a new business nameForming or ending a partnershipAs long as the purpose of involving a new partner is fully executing the project then agreement to this will be issued after the following documents are submitted :1. a copy of the business registration2. a copy of the license3. a valid ownership certificate4. a partnership contract ratified by a legal body5. an application to the administration requiring the transaction 
    • Mortgaging the project for finance
       - First : the conditions1.the project must be executed to an extent allowing the mortgage of the buildings not the granted land2.a letter from a bank clarifying the purpose of finance which must be for the operation or execution of the project- Second : required documents1. a copy of the license2. a copy of the business registration3. a valid ownership certificate4. a banks letter of finance- Third : procedures1. payment of application fees2. transfer the application to the concerned sector3. a field visit is executed by the monitoring department and a report is prepared showing the extent of execution4. the documents are revised by the ministry’ s legal counsel5. consideration of the application and making the decision concerned 
    • General rules
       - First : cars and other transport means are not allowed except after the capital equipment is imported-Second: the project is not granted a tax exemption for more than 10 years except after the project is proven a strategic one with a capital of 10 million dollars and a budget audited by a legal auditor-Third : capital equipment has become an automatic concession with 0 customs and does not need any exemption- Fourth : rehabilitating the industrial projects now enjoys a constant percentage for business profits which is 10% instead of 30%For more Information