FVP directives to prioritize the implementation of projects to improve production and exports

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FVP directives to prioritize the implementation of projects to improve production and exports

The First Vice-President of the Republic, Prime Minister Bakri Hassan Saleh, on Thursday, August 9, 2018, presided the first meeting of the Higher Committee for the implementation of the matrix of upgrading the Sudanese production and exports in the presence of a number of states Governors.

The first vice pointed out the need to prioritize arrangements in the implementation of projects by focusing on existing projects that need to upgrade the work and rehabilitation to enter the production rotation, and the need to pay attention to upgrading the slaughterhouses.

The meeting reviewed the first progress report on the position of the Technical Committee for the implementation of the matrix of upgrading the production and exports presented by the Minister of State in the Ministry of Commerce, the Chairman of the Committee, Mr. Sadiq Mohamed Ali, who explained that the report included the sectors of livestock, agriculture and industry, and included a number of projects in the fields of meat processing, Cotton, beans, wheat, horticultural crops and fruits

He pointed out that the total cost of these projects amounted to about 13.46 billion Sudanese pounds. He added that all these projects have been arranged. The banking sector will contribute 50% of the volume of domestic financing. The stock market will finance 25% of this component and 25% will finance it. The private sector, stressing that foreign funding for these projects amounted to about 641 million dollars, explaining that it was arranged with the Bank of Khartoum, which began to receive the feasibility study for the implementation of these projects.

For his part, Governor of the Nile River, Mr. Hatim El-Wasila said that the meeting ensured the need for vertical expansion in the cultivated areas to increase production in the fields of cotton, sesame, gum arabic and peanuts as well as vegetables and fruits, and increase the number of silos and slaughterhouses

Noting that the meeting listened to the report of a number of states with a comparative advantage in support of production operations and exports, and stressed the need to unite efforts between the States and the Technical Committee to maximize the return of productive projects.