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Industry Minister Discusses Reconstruction and Investment Projects With Armed Forces Socia

Sudan·AllAfrica Sudan·⏱️ 3 min readWire Summary

Minister of Industry and Trade Mohasin Ali Yagoub discussed with Secretary-General of the Armed Forces Social Security Fund General Khalid Al-Shami ways to implement joint projects, particularly reconstruction projects, investment in self-sufficiency initiatives, and support for exports. This came during a meeting held at the ministry's headquarters in Khartoum on Sunday, where the minister noted that the fund has the financial and technical capabilities to engage in strategic projects. The meeting discussed establishing a partnership between the Social Security Fund and the Sudanese Sugar Company to finance and modernize sugar factories. It was agreed that the partnership would begin with financing agricultural operations at Assalaya and New Halfa sugar factories to meet the current production season, while assessing damages at the remaining factories in preparation for their reopening according to a proposed vision and timeline. The partnership will also include the introduction of sugar-related products, in addition to agro-processing and livestock production, to increase added value and diversify sources of income. General Al-Shami affirmed the Armed Forces Social Security Fund's support for the Ministry of Industry and Trade in implementing economically viable national projects, particularly in the sugar, pharmaceutical, and strategic industries, as well as free zone development projects. Read the original article on SNA . AllAfrica publishes around 600 reports a day from more than 90 news organizations and over 500 other institutions and individuals , representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica . To address comments or complaints, please Contact us . AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 600 news and information items daily from over 90 African news organizations and our own reporters to an African and global public. We operate from Cape Town, Dakar, Abuja, Johannesburg, Nairobi and Washington DC. Get the latest in African news delivered straight to your inbox By submitting above, you agree to our privacy policy . We need to confirm your email address. To complete the process, please follow the instructions in the email we just sent you. There was a problem processing your submission. Please try again later.

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Industry Minister Discusses Reconstruction and Investment Projects With Armed Forces Socia | Briefly