Sudan to develop Red Sea port in $6-bln initial pact with Emirati group
Sudan on Tuesday signed a preliminary agreement with a group led by the UAE's AD Ports Group and Invictus Investment to build and operate the Abu Amama port and economic zone on the Red Sea with a $6b investment. The project, located about 200 km north of Port Sudan, would include an economic zone, an airport and an agricultural zone of 400,000 feddans (415,000 acres). A 450-km-long road will connect Abu Amama port with the agricultural area of Abu Hamad in Sudan's River Nile State, the two sides said at the signing ceremony held in the Sudanese capital, Khartoum.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2022-12-14/general/sudan-to-develop-red-sea-port-in-6-bln-initial-pact-with-emirati-group
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Sudan to develop Red Sea port in $6-bln initial pact with Emirati group
Sudan on Tuesday signed a preliminary agreement with a group led by the UAE's AD Ports Group and Invictus Investment to build and operate the Abu Amama port and economic zone on the Red Sea with a $6b investment. The project, located about 200 km north of Port Sudan, would include an economic zone, an airport and an agricultural zone of 400,000 feddans (415,000 acres). A 450-km-long road will connect Abu Amama port with the agricultural area of Abu Hamad in Sudan's River Nile State, the two sides said at the signing ceremony held in the Sudanese capital, Khartoum.<br/>