Chinese investors are awaiting the resolution of Sudan’s civil war before resuming operations. Zheng Xiang, the chargé d’affaires, expressed intentions to assist in reconstruction efforts and address outstanding debt issues as soon as security returns. This sentiment follows a significant meeting between Chinese and Sudanese leaders.
Chinese investors are currently refraining from entering Sudan due to the ongoing civil conflict. However, there are plans for these firms to reinvest in the region once stability is achieved. Zheng Xiang, the chargé d’affaires at the Chinese embassy in Sudan, expressed optimism about the potential for collaboration in the country’s reconstruction efforts. He noted that discussions are already underway with financial institutions to address Sudan’s existing debt issues, emphasizing the hope for a swift return to security and normalcy.
The civil war in Sudan has resulted in prolonged unrest that has significantly impacted foreign investment, particularly from Chinese companies. These firms have been active in Sudan, contributing to various sectors, including infrastructure and energy. The statement by Zheng Xiang reflects a broader strategy among Chinese investors to tap into Sudan’s reconstruction opportunities once peace is reinstated. Additionally, diplomatic engagements, such as the recent discussions between Chinese President Xi Jinping and Sudan’s leader Abdel-Fattah Al-Burhan, signal a strong interest in resuming bilateral cooperation.
In conclusion, while the ongoing civil war in Sudan has deterred Chinese investors, there is a clear intent to return and support the nation’s rebuilding efforts once peace is restored. The commitment from both the Chinese embassy and government officials highlights a strategic focus on addressing Sudan’s economic challenges and facilitating its recovery through reconstruction initiatives.
Original Source: www.scmp.com