Home | News    Friday 12 September 2003

Sudan Invites Indonesian Investment In Cement, Oil

separation
increase
decrease
separation
separation

KHARTOUM, Sep 12, 2003 (AsiaPulse) — The Sudanese government has invited Indonesian entrepreneurs to invest in cement and oil industry, Indonesian Vice President Hamzah Haz said.

"They want us to invest in the cement industry here," Haz said after a talk with Sudanese President Omar Hassan Ahmad Al-Bashir and Industry Minister Jalal Yusuf Al-Diqair here, Thursday.

During his visit to an oil refinery in that country, Sudanese Energy and Mineral Minister, Awad Ahmed Al-Jaz has also invited Indonesian businessmen to invest in the oil sector.

According to Awad, the quality of Sudanese crude oil is similar with that produced in Indonesia.

Currently, Sudan is running four oil fields, and it still has some potential fields.

"I hope that Indonesia could immediately work on a cooperation in the oil industry (with Sudan)," Hamzah added.

The Vice President on a nine-day tour of Sudan, Oman, Yemen, United Arab Emirates, and Saudi Arabia.

The Indonesian delegation will later go on hajj pilgrimage.

Hamzah said the visit to Sudan is aimed to increase bilateral ties.

Sudan, he continued, has a rapid economic growth rate and during the past three years it has recorded seven per cent economic growth rate.

Oil has contributed some 70 per cent to the country’s revenues.

Earlier, Hamzah has called on Sudanese businessmen to invest in Indonesia. To date, there are only four Sudanese investors in Indonesia.

Furthermore, the vice president expressed hope to Indonesian businessmen to increase trade with Sudan and not only with big countries.

"It is time for us to see small countries," Haz said.

Sudan has grown from a poor to a developing country.

Its economy has grown rapidly since the country exported crude oil in 1999.

Bilateral trade between Indonesia and Sudan has reached only US$100 million annually.

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article


 
 

The following ads are provided by Google. SudanTribune has no authority on it.


Sudan Tribune

Promote your Page too

Latest Comments & Analysis


The perilous change in Darfur’s demography 2015-08-28 08:10:36 By Eric Reeves The debate about whether or not Darfur was the site of genocide long ago flamed out, largely because the issue became excessively politicized and the world—in general—no longer (...)

IGAD-Plus and Peace Politics: Dateline without deadline 2015-08-23 20:24:08 “It is time we define governments in Africa as the responsibility, not the power” – Dlamini-Zuma By James Okuk On 17th August 2015 in Addis Ababa, the Intergovernmental Authority on Development (...)

South Sudan Peace Agreement: to Sign or not to Sign 2015-08-19 05:44:38 By Steve Paterno South Sudan peace process faltered badly. The most anticipated deadline to sign a final comprehensive agreement has passed, with government failing to ink the proposed (...)


MORE






Latest Press Releases


Resolutions and recommendations of the SPLM-N leadership meeting 2015-08-11 22:21:18 SUDAN PEOPLES’ LIBERATION MOVEMENT NORTH Leadership Meeting of the Sudan People’s Liberation Movement- North ( SPLM-N) Final Communique: Resolutions and Recommendations August 6th, 2015 The (...)

Sudanese, human rights groups and advocates demand renewal of UNAMID 2015-06-25 06:03:32 FOR IMMEDIATE RELEASE CONTACT: New York: Ahmed H.Adam, Tel. +1 347 567 1491 or aha64@cornell.edu Kampala: Abdelrahman Gasim, Tel. +256 7 51 90 77 77 or gasim202000@gmail.com Geneva: Abdelbagi (...)

Civil society groups urge to stop hostilities in W. Bahr El Ghazal 2015-06-11 22:24:37 Urgent action for sustainable peace in Western Bahr El Ghazal State Civil Society Statement: June 10, 2015 Wau –Western Bahr El Ghazal State- The Republic of South Sudan We, civil society (...)


MORE

Copyright © 2003-2015 SudanTribune - All rights reserved.