Sudan

Sudan

Saudi investment in agriculture approved

18 Jul 2016

On 18 July 2016, Sudan’s National Assembly approved a bill granting Saudi Arabia the right to cultivate 1 million feddans of agricultural land in eastern Sudan. Already in June 2016, the National Assembly approved an agreement that leased 1 million feddans of this land to Saudi Arabia for 99 years.

Nature of measure:
  • Liberalization
Type:
  • Entry and establishment (Access to land)
Industry:
  • Primary (Agriculture, forestry and fishing)
Inward FDI:
No
Outward FDI:
No
Sources: