Ministry stresses importance of resources mobilization

The Undersecretary of the Ministry of Investment Dr. Najmuddin Hassan Ibrahim has stressed the importance of resources mobilization to increase production as a strategic objective for the country, pointing out that that will only be made through investment attraction, resources mobilization and creation of favorable environment.
The Undersecretary of the Ministry of Investment reviewed the global economic developments and the rapid investments progress, touching on the developments in the Sudan economy, which necessitate development of a vision absorbs Sudan's investment potentials.
This came when he addressed Wednesday at the Ministry's premises the opening session of the activities of the forum of investment managers in the states, under the slogan: "Towards an Attractive Investment Environment, pointing out that the meeting is an opportunity to interact and discuss the investment issues in the country to develop solutions to them to avoid the shortcomings, reviewing the papers which will discuss the procedures, indicators and performance at the level of investment departments as well as the investment map and investment issues in Sudan.
Dr. Ibrahim called for coming up with recommendations that lead to homogeneity, understanding and coordination between the State's Investment Departments and the Center.
The Forum of State's Investment Managers is considered as the one of the most effective mechanisms for coordination between the center and the states for attracting more foreign and domestic investments.
The Director of the General Department of Investor Services at the Ministry of Investment, Nour-Eddaem Babiker presented a paper on the procedures and investment transactions touching on the importance of simplifying the procedures, encouraging incentive and the application of preferential laws and advantages in an investment attractive manner.
The paper also pointed to the need to determine the investment lands clearly, stressing the importance of investment procedures simplification by the states.

Source: SUNA