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China to expand investment in South Sudan after independence

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June 1, 2011 (JUBA) - The Peoples Republic of China - the world’s emerging second largest economy - has expressed its readiness to invest in South Sudan after its declaration of independence in July.

The announcement came in a meeting this week between the vice president of the Government of Southern Sudan, Riek Machar Teny, and a visiting delegation from China’s ministry of Foreign Affairs.

The meeting discussed diplomatic relations as well as economic cooperation between the two countries. Machar told the Chinese diplomats that the region was working to attract foreign investors in order to realize the expectations of the people of South Sudan after independence.

In a statement to the press after the meeting, the Director General in charge of the department of West Asia and North Africa in the Chinese ministry of Foreign Affairs, Chen Xiaodang, said China was ready to expand its investment in various economic sectors in South Sudan.

He said the two countries will promote their bilateral relations as China will encourage its private enterprises to carry out economic and trade activities between the two nations. Xiaodang also said the two countries would exchange cultural activities.

The areas of investment will include physical infrastructure, hydroelectric energy, agriculture, education and health, among many others.

China is currently the leading investor in the oil sector in Southern Sudan and has already invested in the constructions of roads. Oil revenues constitute around 98 percent of South Sudan’s budget.

The region’s secession was made possible through a referendum agreed as part of a 2005 peace deal that ended decades of civil war between North and South Sudan.

(ST)

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  • 2 June 2011 05:02, by saban John

    thanks to the people of china, the only think i would urge you to do is to seek permission from north sudan before going to south sudan. I am from south sudan but we are not yet ready to lead ourselves, you chinese know very well that those with knowledge and intelligency in the country are arabs and south cannot survive without them. The kindness of arabs people toward my people is an indication that they are people of justice, equality and freedom. thanks

    repondre message

    • 2 June 2011 05:48, by Land-of-Cush

      Yaa saban John

      Don’t try to be enemy of everybody in this website you look so new on the eye of everyone here.

      If you need an Arab input to south Sudan affair first you want to talk to your uncle Omar Al Bashir if he is ready to interfere in south Sudanese issues. Than back to preach unwanted language if you wish so.

      repondre message

    • 2 June 2011 17:57, by Maxine Karla

      I am well aware of your concern to have a "BIG BROTHER" help out a younger inexperienced one, i will not judge you according to your comment but if i did, i would say, you may be using a pseudonym to infuriate the Southerners,or you are unaware of th recent referendum goal of self determination which had a high favor win on the southereners right to independence, all in all, may the Lord be the guide of the South and i am sure that China will do alot of good to develop the south all we need is the unity of our people and not hate on eachother. Foe God and our Nation.

      repondre message

  • 2 June 2011 05:11, by Land-of-Cush

    Independent day is not far away, it is just matter of 37 days if China needs investments they would do so.

    repondre message

    • 2 June 2011 10:00, by Bush

      @Land-of-Cush

      This just makes the NCP more uncomfortable because the business is changing hands with the owners of oils taking the lead now.

      Christian United for Israel.

      repondre message

  • 2 June 2011 07:26, by Aleu

    Good Idea but not only energy and what agriculture setector, Roads construction. China must be giving these important things to help Southern Sudan.

    China has all tools in everything including agriculture sector, excellence Roads construction. You can buy some tools too cheapest from them and I think Southern Sudan need to works very hard for development. Asian governments do not touch the Foreign Affairs, they only deal with their business contract, they already said, in their lawa that, it is sin to make influence on another Affairs and to cause problem to the people and they can sell things to you in a very cheap price unlikely to others world who assume to have friendship with Southern Sudan while, their interests business agendas same as Arabs people.

    Southern Sudan will be in line with those rich nations in the world not because of oil but because the land for agriculture and many more others resources will make Southern Sudan a rich nation. Having business with China was a good Idea, because they do not have involve any dirty game to your government but they only focus for what you told them to do and that is what Southern Sudanese want.

    repondre message

  • 2 June 2011 07:33, by Malual Dungdit

    Thanks to the Peoples Republic of China for showing up earlier to invest in our Country South Sudan. For sure what we would to see is the 2nd China existing in Africa in terms of infra-structures, Agriculture, Health and even in the Army trainings.

    We also want the leadership of Southern Sudan to put everythings in the people not on individual. Look in the case of China, everything belongs to the people such as ’Peoples Republic of China, Beijing Peoples Hospital, Beijing Peoples National Stadium and so on.

    repondre message

  • 2 June 2011 08:17, by liberator3

    Dear South Sudanese
    China investment is always a one way interest- and that’s how

    can it be more beneficial to its consumption needs not the other way around.

    South Sudan government is rushing to sign any deals irrespective of its future ramifications in the long term.

    please, GOSS do not rush thing as if the South Sudan is going to end by the time you guys are either forced out, or retires or died in office. signing a long term deals now is detrimental for our soon to be independent country.

    repondre message

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