South Sudan urges investors to seek opportunities in its vast resources

By Tapeng Michael

South Sudan is calling on investors to seek opportunities in the vast resources it has.

The Ministry of Investment said it has established key investment policies and projects which cabinet has approved.

The ministry has three years to complete the programs and projects of investment, according to Dhieu Mathok, the Minister of Investment.

South Sudan areas of investment include oil and gas, agriculture, and mining.

According to the investment ministry, it is planning to revive its investment corner program on the national Television (SSBC) to discuss investment opportunities to attract both private and public investors.

It said it is also planning to construct an investment tower to attract investors across the globe.

Mathok said the challenge of lack of peace in the country will only affect the investment in South Sudan.

 “For us to work in harmony and coordinate with our colleagues doing investment at the state level, we have created state affairs department in the national ministry of investment called ‘state affairs’ to deal with investment activities in the state,” he said.

He urged the youth in the country to stop violence across the country to ensure conducive environment for investors.

“Let us stop trouble, let us stop thinking of war, and let us stop thinking of destruction of government because insecurity doesn’t go completely with investment,” Mathok said.

“The fact that there are guns moving around in the city, the men in uniform moving around, military tanks moving around can be very threatening to investors to invest in the country,” he said.

The ministry says it has re-established five directorates of investment including the Directorate of administration and finance, research and planning, investment promotion, and Investment service.