Chinese investors are currently waiting for the conclusion of Sudan’s civil conflict before resuming operations, with plans in place for reconstruction efforts discussed by embassy officials following significant meetings with Sudan’s leadership.
Chinese investors are currently refraining from re-engaging in Sudan due to the ongoing civil conflict; however, they are actively planning to resume their operations once the situation stabilizes. Zheng Xiang, the charg\u00e9 d’affaires of the Chinese embassy in Sudan, expressed this optimism in a recent interview, emphasizing the commitment of Chinese companies to contribute to the country’s reconstruction efforts. This intention follows a significant meeting between Sudan’s de facto leader, Abdel-Fattah Al-Burhan, and Chinese President Xi Jinping during the Forum on China-Africa Cooperation summit in Beijing in September, where agreements were made to facilitate future investments.
The civil war in Sudan has created an unstable environment, deterring foreign investment, particularly from China, which has been heavily involved in Sudanese development projects in the past. Chinese companies, crucial in sectors like infrastructure and natural resources, are now in a holding pattern. The Sudanese government is seeking to address its debt issues and is reliant on international cooperation to ensure a smooth transition towards rebuilding and stabilization once the conflict subsides. The prior agreements between their leaders signal a willingness to engage once conditions allow.
In summary, while the current civil unrest in Sudan poses significant challenges for Chinese investors, there exists a strong desire to re-enter the market as soon as stability is restored. The remarks made by Zheng Xiang reflect a broader strategy among Chinese companies to support Sudan’s reconstruction efforts. The collaboration outlined in recent high-level meetings suggests a prepared and strategic approach to Sudan’s post-conflict recovery that could ultimately benefit both nations.
Original Source: www.scmp.com
