Nyala Hotel Project
|Area||1237 sq. kilometres|
|The Project||A 4-star hotel|
|Projected Cost||€5 million|
|Revenue|| Starts a year after the finalization of construction as follows:
|Contact||Ministry of Tourism and Wildlife – Projects’ Department
Tel :+249 83471417
Fax :+249 83472854
|Remarks||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 one-year 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.