Investment opportunities

Tourist Village Project in Old Dongola

Type Service
Site It is located at Old Dongola in the Northern State
Area 2,000 sq. m
Objectives
  • To meet demand for accommodation facilities
  • Tourist villages are the main centres for implementation of tourist programmes to tourist attraction places
  • Creation of large employment opportunities
  • To boost the economy
  • To enhance accommodation capacity
Total Revenue SDG 841, 428
Total Cost SDG 339,304
Total Profit SDG 318,223
Capital Recovery Period 4 years
Required Type of Finance Local
Contact Investment Department
Northern State
Telefax :+249 0241823994
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.