Red Sea Area
Project Description |
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Site | 38 kilometres South of Port Sudan Town |
Area | 26 sq. kilometres |
Cost of First Phase | USD12 million |
Total Operating Investments | USD 45 million |
Investment Map |
Includes several activities :
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Contact |
Sudanese Company for Free Zones (Garri Area) Tel : +249 185350633 Fax : +249 185350655 Website : www.sfzsudan.com |
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 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 |