According to the newly appointed finance minister Bak Barnaba, the conference will be organized by his ministry and is expected to cost at least $1 million and will be held in the capital Juba between September 4 and September 8.
The government is hoping to attract investment in a variety of sectors, including oil and gas, agriculture, mining, and tourism.
It is also hoping to attract investment in infrastructure projects, such as roads, bridges, and power plants.
The conference will feature presentations from government officials, business leaders, and investors. It will also include panel discussions and networking opportunities.
Edmund Yakani, activist and executive director of Community Empowerment for Progress Organization (CEPO) welcomed the idea and urged the government to show commitment for implementation of its outcomes.
“The reality is that we need this national economic conference to be a solution-oriented approach with fully political leadership commitment for the implementation of the national economic conference resolutions,” he said.
“This requires the pressure not to take primary responsibility of ensuring that the outcomes of the national economic conference are honored and enforced without any reservations, political leadership selective or limited political leadership acceptance for reality not political tourism,” he added.