Prime Minister to accelerate the approval of the National Fund for Housing and Development Law

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Prime Minister to accelerate the approval of the National Fund for Housing and Development Law

The First Vice-President of the Republic,first Prime Minister and Chairman of the Higher Committee for Housing and Reconstruction, Bakri Hassan Saleh to expedite the steps of the National Fund for Housing and Development Law for the year 2009 to adjust the changes and keep abreast of developments.

In his address to the Cabinet on Sunday, July 1, 2018, he addressed the Council of Ministers the opening session of the Housing Workshop. The economic and strategic vision was to provide the financial and legal guarantees and guarantees to the investors and investors and direct the real estate investment towards the less developed regions to achieve balanced development in all the states of Sudan. To perform its national duties in drawing up smart and effective partnership frameworks in the field of housing and real estate development.

The First Bakri Corner praised the efforts of the National Fund for Housing and Development in promoting the housing sector, stressing the State's commitment to support vulnerable groups by providing them with shelter.

For his part, Minister of State and Minister of State Tariq Tawfiq said that this workshop is a platform for the early preparation of the first Arab conference for investment and real estate development to be held next October in Khartoum, indicating that Sudan relies heavily on the conference to attract support and funding of the Arab Union for Urban Development Projects And the proposed real estate in the various states of Sudan, indicating that the holding of this workshop is a confirmation of the state's interest in investment and real estate financing.
He said d. General of the National Fund for Housing and Development, said that the strategic objective of the Fund is to seek to create an urban and civilizational environment for the well-being of the people of Sudan, indicating that the Fund aims to provide adequate, safe and healthy shelter for all citizens with low incomes and vulnerable groups and to promote integrated rural development that contributes to stability. Rural people and improve their economic and social conditions.

The workshop discussed three working papers which were the experience of real estate finance in Sudan and a paper on the real estate investment in Sudan. The data and challenges besides a paper about housing and productive projects. During the workshop, a memorandum of understanding was signed between the National Fund for Housing and Development and the Sudanese Bar Association Lawyers.