On the picture, the Ambassador of Sudan Her Excellency Rahma Salih Elobied.
By Roy Lie A Tjam.
The Embassy of the Republic of the Sudan in the Netherlands, in collaboration with NABC (The Netherlands-Africa Business Centre) hosted the First Sudan Business Seminar at the Word Trade Center in The Hague on Thursday 27 October 2016.
Her Excellency Rahma Salih Elobied rolled out the welcome mat for the many participants. Subsequent to that, the following speakers enthralled the audience with their presentations to discern the business opportunities as well as the investment climate of the Republic of the Sudan:
- Irene Visser – NABC
- Martin de Jong – The Frisian
- Dr Nagi Iskander A. Masoud – Embassy of Sudan
- Martijn Moonen – RVO
- Bernard Klassen – Koudijs Aninal Nutrition
- Maurice Bol – Van Vliets Trucks BV
- Dennis Janssen – MPS Meat Processing
- Faustine Lescanne (MC)NABC
- Arne Doornebal – NABC
The seminar was a tremendous opportunity for potential investors to receive responses to their questions. In the seminar, it was revealed with great emphasis that:
- Sudan’s priority investment sectors are agriculture, mining and petroleum. As a result, the agri-business sector – although already well-developed – still has a wide-range of opportunities in the poultry, fish, dairy, and vegetable industries.
- The Sudanese population is known for being hard-workers and for their honesty. Therefore, the citizens put great emphasis on finding the right partners.
- To remit funds from Sudan, it is advisable to make use of the Dirham currency, instead of the U.S. Dollar, via intermediary banks in Saudi Arabia and the Gulf States.
- The Sudanese government offers important incentives to attract investors to Sudan. The Sudan Important Aspects the Investment Encouragement Act is part of it. This act guarantees the non-confiscation or sequestration of invested funds and the non-nationalization or expropriation of a project.
To conclude this successful seminar,a Q&A session was hosted. A panel answered the questions.
