Email
Print
Save
September 29, 2011 (JUBA) – A group of investors from Dubai in the United Arab Emirates have expressed their readiness to invest in major projects in South Sudan.
- South Sudan VP Riek Machar (R) and Sheikh Buti Saeed (L), Juba, September 29, 2011 (ST)
South Sudan became an independent state on 9 July 2011 and still lacks infrastructure and basic services after years of underinvestment and more than two decades of civil war with North Sudan.
On Thursday a Dubai billionaire, Sheikh Buti Saeed Al Ghandi, led a delegation to Juba to assess the investment potentials.
He met with the South Sudan vice president, Riek Machar and was briefed on the major projects which require investment.
The projects include an international airport at Tali, north of Juba – the current capital.
Machar also briefed them on agriculture, roads, railways, refineries, pipelines, hydroelectric power dams and the building of the new capital in Ramciel, among others.
Saeed expressed his interest in providing investment in some of the major projects.
(ST)
Latest Comments & Analysis
UNAMID’s failure and the issue of security in Darfur 2014-08-01 05:51:58 By Eric Reeves July 31, 2014 - The failure of the UN/African Union ("hybrid") Mission in Darfur (UNAMID) has become overwhelmingly conspicuous. The evidence of incompetence, ineffectiveness, (...)
Peace is only ultimate choice to end violence in South Sudan 2014-07-31 08:18:49 By Peter Gai Manyuon June 30, 2014 - In South Sudan, when once talk about peace and harmony, some people who are enemy of peace and reconciliation will begin analyzing in different ways. Before (...)
How pursuit of good life dominates ethical conscience in Africa 2014-07-27 05:03:47 By Francis Ayul Yuar July 26, 2014 - Looking at the African Continent, my country in particular within this critical time of post independence political and ethnic’s violence, one’s mind wondered (...)
MORE