![Malaysian investors speaking to the press during a visit to the ministry of investment in Juba on Tuesday, April 30, 2024. [Photo by Sudans Post]](https://i0.wp.com/www.sudanspost.com/wp-content/uploads/2024/04/IMG_1890.jpeg?resize=1962%2C912&quality=89&ssl=1)
South Sudan’s Investment Minister Dheiu Mathok Ding said the country signed investment memorandums of understanding with the Malaysian firm in 2021. A team from the company has visited to expedite implementation
“We have revisited the implementation of those MOUs together with the other institution, they are going next tomorrow to Nimule for the groundbreaking for the construction of a dry port and they will also construct the investment tower which is a key project for us and we believe that by implementing this important milestone regarding the investment environment I know that things will move well,” Mathok said during a briefing to journalists at his office today.
The minister said the dry port will increase the flow of goods into the landlocked country.
“We are depending mainly on revenue collected from non-oil and construction of that port would facilitate the movement of goods and services to South Sudan, it will create a lot of jobs to our people, it will even ease the process on how the trucks are to be allowed to come to South Sudan and go out of South Sudan,” he said.
Mirzan Mahathir, president of B’smart Malaysian-East African Company, said his firm is working on several South Sudan projects and hopes to attract more investment.
“We are looking forward to continuing develop more projects, we tried to propose to the government to execute them and we hope that we will be able to show some success and the success that we have in these projects will encourage others to come in and put in their capital as well to invest in this country,” Mahathir said.
Other projects planned by the company include oil and gas development as well as food security and livelihood initiatives.
