Egypt business community sees South Sudan as promising investment destination

Fathallah Fawzi, Vice Chairperson of the Egyptian Businessmen's Association (EBA), has said that South Sudan represents a promising investment market for Egyptians.

Fawzi also said that strengthening economic relations between Egypt and South Sudan will take place through an increase in the volume of trade exchange. The two countries should also focus on establishing joint investments.

He added that whilst still emerging, South Sudan may have need of Egyptian expertise in many sectors, such as health, housing, and education.

For his part, Ahmed Mounir Ezz El-Din, Chairperson of the EBA's China Committee, said that one of South Sudan's most important investment areas is agriculture. This is particularly in: cotton; textiles; fish farming; livestock; medicine; medical supplies; leather; milk; and vegetable and fruit packaging.

Other areas, such as manufacturing sugar and oxygen cylinders, as well as hotels and tourism, are also important investment sectors in the country.