South Sudanese Pound
South Sudanese Pound

A team of Chinese traders are in South Sudan to explore investment opportunities in the east African country.

A delegation of two Chinese companies, led by a representative from the China-Asia Economic Development Association (CAEDA), this week embarked on a series of meetings with top South Sudanese government officials to map out investment opportunities in the mining and information technology sectors.

Bol Makueng, secretary of external relations of the ruling party, the Sudan People’s Liberation Movement (SPLM) said South Sudan is open for investment in various sectors, adding that the SPLM would use its close ties with China to attract more Chinese investment into the world’s youngest country.

“Now that there is peace, all investors are welcomed to come and invest here. People of South Sudan are friendly and they want to interact with other people so that business can go on win-win basis,” Makueng told state-owned South Sudan Broadcasting Cooperation SSBC on Friday.

Makueng said a Memorandum of Understanding (MoU) signed between the SPLM and CAEDA early this year would safeguard Chinese investment activities in South Sudan.

Elizabeth Pita, head of the Investment Authority in Jubek region, told the Chinese investors that the regional government is ready to work with all investors, national or international. Enditem

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