Sudan has signed a preliminary agreement with a group led by the UAE’s AD Ports Group and Invictus Investment to build and operate the Abu Amama port and economic zone on the Red Sea with a $6-billion investment.
The project, located about 200 km north of Port Sudan, would include an economic zone, an airport and an agricultural zone of 415,000 acres.
A 450-km-long road will connect Abu Amama port with the agricultural area of Abu Hamad in the country’s River Nile State.
The country says the port would be able to handle all kinds of commodities and would compete with the country’s main national port, Port Sudan, which has suffered recently from stoppages linked to the country’s political turmoil.
Sudan’s Finance Minister Jibril Ibrahim said the country would be entitled to 35% of the net profits from the $6 billion Abu Amama venture.
Nevertheless, no time-frames were given for the project.