Sudan needs $500 billion investment in various sectors: Turkish business leader (Anadolu Agency – March 4, 2018)

ANKARA – Sudan needs an investment of nearly $500 billion in various sectors, the acting president of the New World Industrialist and Businessmen’s Association (YENİAD) Harun Macit has said.

Macit said the major drawback in Sudan is inadequate production technology. He added that Sudan is among the top three African countries in terms of gold and copper mines, and Turkish businesspeople can play an important role in the country’s mining industry.

“Due to the lack of proper mining technology they [Sudanese people] have limitations. Beneath the surface, a large amount of precious metals are waiting to be explored,” he said.

Macit urged Turkish businesspeople to establish a system to process those metals and integrate them with Turkey’s gold exchange market to provide overseas finance for Sudan.

He said five consortiums were set with Sudanese and Turkish businesspeople in the fields of construction, energy, mining, agriculture and machinery during a business trip organized by YENİAD in February.

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