Sudan Development Program

The Sudan Development Program is the official program organised to promote the international development of the Republic of Sudan, supported throughout Sudan's government ministries, state companies and business leaders from the private sector. Part of the Development Program network, it is organised with the aim of facilitating commercial development within Sudan, stimulating investment and improving trade relations with the international community as Sudan emerges following years of economic isolation.

As the largest country in Africa blessed with a sound liberalised macro economy, Sudan has great potential as a trade and investment destination. The government is warmly encouraging the country's private sector, while with no exchange controls, the country has a low level of inflation, with the country's burgeoning oil industry the catalyst for its economic growth. Sudan's main export areas are oil, agriculture and gold, while its principal imports are foodstuffs, chemicals, manufactured goods, machinery and transport equipment.

Objectives

The core objectives of the Sudan Development Program initiative are as follows:

Key development summits

The summit will look to draw on the success of its inaugural summit, which was responsible for $460 million in contracts signed between Sudanese and international companies, along with a number of ministerial and other trade agreements being concluded.

The inaugural Sudan Development Program summit took place in Dubai, UAE on 12-14 February 2006. An essential networking event based on face-to-face meetings, it allowed international companies to present their goods and services to Sudan's public sector officials and private sector companies, enjoying the support of all the key Sudanese government ministries and welcoming a delegation of some 40 senior officials.

For more information about the second Sudan Development Summit please visit the following link.