Tourist Village Project in Old Dongola
|Site||It is located at Old Dongola in the Northern State|
|Area||2,000 sq. m|
|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|
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.