Red Sea Area

SudanLogistics12 Mar 2011

Project Description	Preparation of exports comes on the top of set objectives Operating investments in the area: licenses granted to investors are 615, with 80% in trading activities, i.e., import, export and re-export activities Total invested area : 600,000 sq. m Industrial activity started to play an important role by the entry of some companies in the field of plastic products and preparation of Sudanese exports like Gum Arabic, oil seeds (Sesame) To increase the investment base, Dubai Islamic bank built high quality warehouses on an area of 40,000 sq. m
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 : 41% industrial activities 15% commercial activities 44% service activities
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