Investment Information

Southern Sudan and its capital Juba is one of the booming cities in the region. Given the many years of civil war, Southern Sudan is literally being built from scratch. The road network, housing, banking sector, civil services, insurance, schools and other amenities in the huge country all need urgent attention and the focus is on the donor community, the government, and above all, commercial investors.

 

Southern Sudan is an emerging market. A lot has been done since the signing of the Comprehensive Peace Agreement (CPA) in 2005. Juba, for instance, has been transformed from the virtual ghost town it used to be into a remarkable commercial hub that was unimaginable just a couple of years ago. But the investors still need to be patient as the government and other stakeholders put the necessary infrastructure and systems in place. The stark reality is that Juba cannot become "a Nairobi", for instance, in 2-3 years. Nonetheless, Southern Sudan is a virgin country and a lot of businesses are currently setting shop in Juba city as well as other towns in the ten states such as Wau and Malakal.

 

The country has witnessed an influx of potential investors seeking opportunities in all sectors. This has resulted in an unprecedented growth in the hospitality, road and structural construction, housing, telecommunication, water purification, pharmaceutical plants, warehousing, and electric power generation sectors. Other sectors of the economy which may interest investors include:

 

  1. Livestock husbandry and cattle rearing;
  2. Manufacturing;
  3. Transport and communication (roads, airports, rail networks, etc);
  4. Fisheries;
  5. Energy (especially alternative sources of power);
  6. Mining (oil, gas, and other minerals);
  7. Education; and
  8. Tourism.

 

The Government of Southern Sudan (GoSS) is keen to cultivate and nurture a conducive investment environment in the country. GoSS has put in place necessary procedures and systems to facilitate rapid business setup in the country through the respective ministries and commissions. GoSS also organizes trade fairs in which potential investors are able to meet government officers as well as potential Sudanese counterparts in Juba and other places. They have been a great success.

 

The GoSS has also taken specific steps to promote investment in the country. Some of these include:

 

  1. Establishment of Southern Sudan Investment Services;
  2. Development of an investments laws which spell out the investment guidelines in the country;
  3. Equal treatment and opportunity for local and international investors; and
  4. Enactment of specific laws that support investment by making provisions for attractive fiscal regimes, protection of industrial and intellectual property rights, credible guarantee of legal security and investment stability, repatriation of profits and dividends, custom duties exemptions, as well as reduced red tape and bureaucracy.

 

This article was updated on Oct 20, 2009

Important Links

This article was updated on Sep 15, 2009