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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Sudan to Develop Red Sea Port in $6-Bln Initial Pact with Emirati Group

Sudan Red Sea AD Ports Port Sudan DAL
Sudan 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. (WAM)

Sudan on Tuesday 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 (124 miles) north of Port Sudan, would include an economic zone, an airport and an agricultural zone of 400,000 feddans (415,000 acres). 

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