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German Investors Eye Railway Project linking Kenya and Southern Sudan
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Top German investors are due to arrive in the country early next week to explore investment opportunities in the transport sector. The delegation comprises of executives of top German companies led by railway magnate Klaus Thormalen of Thormalen and INGENO Group. The Thormalen Group has already expressed interest in undertaking construction of the proposed Sh300 billion-railway line linking Kenya and Southern Sudan. Yesterday, Planning and National Development minister Anyang' Nyong'o said the team will arrive on September 27 and will engage in a series of consultative meetings. A representative of the delegation and the principal initiator of the rail project, Dr Costello Garang, is already in the country. Garang is the Sudan Peoples Liberation Movement's (SPLM) Commissioner for International Cooperation and Development. SPLM has already authorised the German company to construct the railway line on the Sudanese side. Dr Garang is the one who initiated a feasibility study on the proposed project and is expected to lead presentation of the report to top Kenya Government officials during the visit. The building of the railway - from Southern Sudan across northern Kenya to Nakuru - is expected to provide much needed infrastructure to the remote semi- arid region. The visit comes at a time when the process of concessioning of Kenya and Uganda railways is at an advanced stage. Nyong'o said the delegation, which includes key Government officials and a member of a German royalty, the 7th Count Von Bismark, also comprises of top corporate entrepreneurs interested in other sectors. |
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Invitation for Joint Venture Steel Rolling mill
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Invitation for business partnership We are an industrial engineering company having industrial establishment comprising of multiple factories ranging from steel fabrication to welding electrode factory and plastic pipe factory. Now seeking to enter into business partnership with an interested qualified experienced company to run a hot rolling mill project in Sudan on joint-venture under investment law. The mill is to produce I-Beam and steel angles or angles and rebar. We have power station 10MVA. This project will be established under the advantageous law of investment which grants privileges for local manufacturing such as exemption of customs duties for raw material and machineries; for more information please visit (http://sudanhome.com/info/investact.htm) Markets : there is an increasing demand in the local market and access for regional markets of COMESA countries of free customs tariff for export and import through out the 20 member countries; for more information please visit www.comesa.int. Features of the project : Steel Billet price : 400$/t and raw material is exempted from customs duties Transport cost from Port Sudan to factory site 60$ Sales price : 850$ We hereby invite the qualified experienced company qualified to enter joint-venture for implementation of this project in Sudan. We welcome proposals…. For any information please contact us at the following address Leader Technology For Engineering Products Khartoum – Sudan leadercompany@hotmail.com Tel ++249183474682 / 83488455 / 83475050 Fax++249183474788 P.O. Box 44508 |
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INDIA'S OVL SIGNS CONTRACT TO CONSTRUCT PIPELINE IN SUDAN
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ONGC Videsh Ltd (OVL), the overseas arm of Indian oil major Oil and Natural Gas Corp, has signed a US$194 million contract with Sudan Government for construction of a 741 km long multi-product pipeline. "This is the maiden engineering & construction Project of ONGC Group abroad," a company release said here. Sudan Pipeline Project envisages laying of a 12-inch diameter pipeline from Khartoum Refinery to Port Sudan for evacuation of petro-products from Khartoum Refinery, capacity of which is being upgraded by Sudan. The pipeline system is designed for a throughput of 0.826 million tonnes per annum in phase I and 2.54 million tonnes per annum in phase II, of gasoil and gasoline. The project is to be completed in 16 months. The project will be undertaken by OVL with the Design, Engineering and Project management support of ONGC's Engineering Services, Mumbai, which has experience of construction and maintenance of its own existing onshore as well as offshore pipeline network of over 10,000 km. The consortium led by Dodsal Pte, Dubai, has been already selected as Engineering, Procurement and Construction (EPC) contractor. "Discussions on Rehabilitation and Expansion of Port Sudan Refinery in Sudan are at advanced stage. Detailed Feasibility Report and various options keeping in view the local demands and export potential have been submitted to Govt of Sudan," the release added. |
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