Chinese investors are currently refraining from entering Sudan due to ongoing civil unrest. However, they express a strong willingness to engage in the country’s reconstruction once hostilities cease, supported by recent high-level diplomatic discussions and efforts to address Sudan’s debt issues.
The ongoing conflict in Sudan has deterred Chinese investors from engaging in the region, yet preparations are underway to revive investments as soon as hostilities subside. Zheng Xiang, the chargé d’affaires of the Chinese embassy in Sudan, stated recently that Chinese enterprises are eager to contribute to Sudan’s reconstruction efforts. He indicated that negotiations with financiers are ongoing to address Sudan’s debt concerns, emphasizing a commitment to reestablish operations when conditions permit. This intent aligns with discussions held between Sudan’s military leader, Abdel-Fattah Al-Burhan, and Chinese President Xi Jinping at the Forum on China-Africa Cooperation summit in September, paving the way for future collaboration.
Historically, Sudan has been an area of interest for Chinese investors, who have been active in various sectors including infrastructure, telecommunications, and energy. However, the prolonged civil unrest in Sudan has hindered these investments, leading to a strategic pause by Chinese firms. The country is currently grappling with significant debt issues as well, complicating its economic landscape. The commitment expressed by Chinese officials suggests potential for renewed investment that could assist in Sudan’s recovery post-conflict.
In summary, Chinese investors remain optimistic about returning to Sudan following the resolution of civil strife, with plans and discussions already underway aimed at facilitating future investments. The statements from diplomatic representatives highlight a concerted effort to contribute to Sudan’s reconstruction in collaboration with Chinese leadership, indicating a potential pathway for economic recovery once stability is achieved.
Original Source: www.scmp.com
