Chinese investors are currently awaiting the resolution of Sudan’s civil war before resuming operations. Discussions regarding reconstruction efforts are ongoing, reflecting the willingness of Chinese companies to invest once stability returns.
Chinese investors are currently refraining from operating in Sudan due to the ongoing civil conflict. However, discussions are underway among Chinese companies regarding their potential economic contributions to Sudan’s reconstruction once peace is restored. Zheng Xiang, the chargé d’affaires of the Chinese embassy in Sudan, expressed optimism and emphasized the readiness of Chinese firms to re-enter the market as soon as stability is achieved. This commitment follows a significant meeting between Sudan’s de facto leader, Abdel-Fattah Al-Burhan, and Chinese President Xi Jinping during the recent Forum on China-Africa Cooperation summit, where they discussed potential collaboration and agreements aimed at improving Sudan’s infrastructure and economy.
The civil war in Sudan has significantly disrupted economic activities and hindered foreign investment, particularly from Chinese firms that have historically played a crucial role in Sudanese development projects. The political instability has led to uncertainty, prompting investors to adopt a wait-and-see approach. The recent meeting between Sudan’s leadership and Chinese officials signals a potential thawing of relations and the beginning of a renewed focus on partnership, contingent upon the restoration of peace and stability in the region.
In summary, while Chinese investments in Sudan remain paused due to ongoing conflicts, there is a clear willingness among Chinese companies to renew their commitments to the country’s development following the restoration of peace. The discussions initiated by key political figures indicate a shared interest in facilitating economic recovery and addressing structural challenges such as debt and infrastructure needs, which could pave the way for a stronger bilateral relationship moving forward.
Original Source: www.scmp.com
