Fish production project at Meroe Dam
|Project Description||Construction of an artificial lake with an area of 3,000 km of produce between 20,000 to 25,000 tonnes of frozen fish per year for local consumption and exports|
|Project Site||Fish area|
|Project Requirements||Fish tools, ice factory, cold stores, and a unit for making boats, isolated vehicles and facilities at seaport|
|Capital Cost||Estimated at about USD 10 million|
|Implementation Period||3 years starting after the construction of Meroe dam is finished|
Animal Wealth Ministry
Tel : +249 183475996
Fax : +249 183478071
The country with its vast natural resources, reasonable infrastructure and marked political stability has promulgated an investment legislation that offers a number of privileges and incentives. The business profit tax was reduced from 35% to 15% on the services sector, 10% on the industrial sector and 0% on the agricultural sector.
In addition, these rather low rates are applied after oneyear of the inception of the project. By allowing investors to freely repatriate their profits and import of capital goods free of custom duties, Sudan stands as an investment haven.