Sudan is preparing for a significant wave of Turkish investments as business leaders from both nations strengthen economic ties.
General Abdel Fattah al Burhan controlled government’s minister Ahlam Madani Mahdi Sabri highlighted growing Turkish interest in Sudan during the 12th Turkish-African Business Forum in Istanbul.
“Turkish investors have shown strong enthusiasm, and we anticipate substantial investments in Sudan soon,” Sabri told Anadolu Agency.
Turkey and Sudan share deep-rooted historical ties, with growing cooperation in trade, politics, and infrastructure.
Turkish investment is expected to focus on key sectors such as infrastructure development, including roads, bridges, airports, and railways, as well as energy projects and agricultural ventures.
However, Sudan faces significant challenges, including the ongoing conflict, political instability, and economic difficulties.
These challenges could potentially impact the pace and scale of foreign investment.
Burhan-backed government is taking steps to improve the investment climate, including finalizing key amendments to its Investment Promotion Law to provide stronger legal protections and incentives for foreign investors.
The success of these efforts will depend on the ability of the government to create a stable and predictable environment for investors, address security concerns, and implement necessary reforms to attract and retain foreign capital.